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Why does the COGS register not match the COGS account on Income Statement?
If I view the COGS Account Register (Account 5000 for me) from Jan 1st until today, May 28th, 2008, and then I view the Income Statement from January 1st until the end of May, it does not match up at all.
I'm confused as to why the account 5000 says one number and the on the Income statement the same account has a different number for the same period.
Does anyone know the detail of how the income statement is composed since now I have to review every component of it.
Nate
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