I accidentally entered incorrect cost for for merchandise item. I have corrected the cost, but it held the wrong cost in the Merchandise Sales report.
The Merchandise Sales report will show all merchandise sales revenue your organization has earned. If the merchandise item was sold at the original cost, the report will show the original cost of the item.
If you need the report to reflect the edited cost, you will have to refund the sales order(s) tied to this merchandise item, then resell the merchandise.