Can I change the inventory cost amount only not the quantity? I would like to put changing amount on the Gain or Loss side.

Hey there, csunal.

Yes, you can change the inventory cost of your item in QuickBooks Online (QBO). Let me show you how:

1. Go to Sales and select Product & services.
2. Look for the item, then click Edit under the Action column.
3. In the Cost field, edit the amount.
4. Click Save and close.

Moreover, you can run inventory reports to see your best sellers, what’s on hand, the cost of goods, and more in QuickBooks.

Please let me know if you have follow-up questions about changing your inventory cost. I'm always here to help.