ISSUE #1:
When we convert Non-Inventory items to Inventory (using the new conversion feature in 2008.2) we get left with an item that has BOTH an expense account and a COG account.  Our items that were always inventory items do NOT have BOTH a generic expense account and a COG expense account.  Why two expense accounts for one item? Is that a Bug?  The generic expense account is grayed out and NOT editable.

ISSUE #2:
The other issue we have noticed is that whatever expense account was used in the original non-inventory item, that same account will NOT be available in the COG account in the converted item's COG pull-down menu.  We did find a work-around to make it become available in the COG pull-down.  If you set your general display preferences to "Maximum Entries in Dropdowns = 1", it will give you a "list button" and not a pull-down.  Clicking on the list button loads a list and displays it on a pop-up window.  That COG pop-up WILL contain the same expense account used