Cost of Goods not show in Income Statement

BIGCAT

I've created a product and enter both income and expense account(as picture above)

In invoice, I selected the product and enter the selling price.

In Income statement, Sales was showed but expenses(Cost of good) was not recorded.

What I did wrong? Please help. Thank you

Barsin

Hey there @BIGCAT

I'm curious if you've followed the steps in this article on tracking inventory in Wave.

This shows you how to set up your chart of accounts and use your income and expenses transactions to track these accounts in your balance report. Have a read and let us know where you're getting stuck.