Inventory cost not posting to P&L even though Purchase & Sales Invoices are correct

1

Hello, I’m having an issue with inventory costing. My workflow has been the same for years, and inventory costing has always worked correctly. Recently, I noticed that inventory cost is no longer appearing in the Profit & Loss report.

Issue

  • Inventory on hand increases when I record a Purchase Invoice
  • Inventory quantity reduces when I record a Sales Invoice
  • But COGS does not post
  • “Inventory – cost” stays at 0.00
  • Profit is overstated

What I’ve already checked

  • Purchase Invoice uses Inventory on hand
  • Sales Invoice uses the correct inventory item
  • Item is set to Track quantity on hand
  • Valuation method: Weighted average cost
  • Dates are correct (purchase before sale)
  • No custom expense accounts
  • No mixed item types
  • Recreated items and invoices
  • Tested with brand‑new items
  • Upgraded to version 26.7.6 — issue persists

Question
Is there a known issue or recent change affecting how Manager.io posts inventory cost or COGS?
Or is there something new that needs to be configured?

Thank you.

2

Hod to inventory and click on recalculate

3

Thank you so much! That did it for me! I really appreciate it!:folded_hands::folded_hands::folded_hands: