Ijust discovered that all of last year's COGS entries posted wrong.
We had a problem with items defaulting to "average" for cogs calculations, but I changed them all to "last" since we often pre-sell something, and then order (srop ship) their item.
Whateer amount is shown in "average" for the item is what is moved to COGS, but as a credit instead of a debit! So my COGS is completely backwards. We thought we had this fixed last year, but it has come back.
I have a bad feeling it's leftover from import from quickbooks a number of years ago.
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