Small business owners turn to just-in-time inventory to save money and reduce waste, while still providing their customers with the products they want and need. Just-in-time inventory systems let ...

Learn what inventory accounting is, how it works, and key methods like FIFO, LIFO, and WAC. Includes real-world examples, tips, and best practices. I like to think of inventory accounting like ...

Accountants can use any one of three methods for calculating inventory value and cost to keep a business in compliance with accepted accounting standards. Each method can present different problems ...

An inventory management system supports the activities of purchasing product, reading sales results and on-hand inventory and liquidation of product for ecommerce, retail and omnichannel companies. If ...

Current assets are liquid assets, meaning they can easily be converted to cash within a year. These include cash or cash equivalents, inventory, and marketable securities among others. These assets ...

With products flying in and out of your business, tracking all the moving pieces can be overwhelming. Fortunately, you can help take control of your inventory with mobile-friendly tracking tools.