How do i track the COS of non stock items? I have just entered the Value on my inventory but is does not show in my invoice transaction journal?

Hello there, Sharr12.

Thank you for posting here in the Community. I'm here to help provide additional clarification about running the report in QuickBooks Online.

When you run the Transaction Journal report through an invoice, it'll only show the details from the Amount column. None-stock items will show in this report, but it'll depend on what Income accounts you use for the products.

To check the income account for a specific product, I'm adding the steps below:

1. On the left panel, click Sales.
2. Go to the Products and Services.
3. Search for the product.
4. Click Edit.
5. Check the Income account.
6. Click Save and close.

For your visual reference, I'm adding some sample screenshots:

If you want to show the rates added through the product information, you can add the Rate column through the small gear icon.

Please don't hesitate to let me know if you have additional questions or concerns about running the report. I'll be around to help out.