I would like to see a profitability report by inventory item. This is an important report to see the performance of each inventory item. Can Intuit create this report?

Hello, Tamac.

Helping you create a profitability report by inventory item is my priority. Let's get started. You can pull up and customise the Profit and Loss by Customer Report.

Here's how:

1. Click Reports in the left panel and search for Profit and Loss by Customer.
2. On the report screen, change the Display columns by to Products/Services.
3. Hit Run report.

To learn more about customising QuickBooks reports, check this out: Customise reports in QuickBooks Online.

As always, feel free to visit our Help articles for QuickBooks Online in case you need tips and related articles in the future.

Just hit the Reply button if you have additional questions. I'll be right here to help.