Whether your inventory is Manolo Blahnik shoes or Maytag dishwasher parts, you need to keep an accurate count. Without reliable inventory figures, you don't know how much fresh stock you need or ...

Learn about the methods of calculating and tracking inventory that are used in retail accounting.

Business must carry inventory so that they have raw materials for manufacturing and finished goods to sell. When a business holds inventory, it must account for the inventory for tax, accounting and ...

Jeff is a writer, founder, and small business expert that focuses on educating founders on the ins and outs of running their business. From answering your legal questions to providing the right ...

The “most important” item in inventory is the one that you think you have, but discover is out of stock and unavailable. For manufacturing operations, managing inventory is no less important to the ...

Businesses that struggle with inaccurate inventory data, large year-end adjustments of physical inventory results, or a lengthy annual physical inventory process should consider adopting a cycle ...

Andriy Blokhin has 5+ years of professional experience in public accounting, personal investing, and as a senior auditor with Ernst & Young. Thomas J. Brock is a CFA and CPA with more than 20 years of ...

How LIFO and FIFO accounting methods impact a company's inventory outlook Carla Tardi is a technical editor and digital content producer with 25+ years of experience at top-tier investment banks and ...