4505 – The cost of sale of oil factory is more than the amount of revenue in June 2023

Issue Summary: [4505] The cost of sale of oil factory is more than the amount of revenue in June 2023, indicating a discrepancy in financial reporting.

Resolution / Workaround: The issue was addressed by explaining the report behavior of Profit and Loss Report and the account behavior of COGS account. The client was advised to create a Journal Entry (JE) with the COGS account and inventory account to adjust the amount balance.