All Cost Of Goods Sold Content

February 6, 2019

3 Minute Read

Accounting cost methods are used to control how a businesses inventory expenses appear on the company books. The weighted averag......

Topic: cost of goods sold inventory accounting inventory cost inventory management

October 23, 2018

3 Minute Read

When the number of stock recorded in your business’ records do not match up to your physical number of stock counted, this res......

Topic: cost of goods sold inventory balance inventory control inventory management

March 7, 2018

2 Minute Read

Cost of goods sold, also known as COGS, is one of the most important elements of your business to understand. COGS can be define......

Topic: business costs cost efficiency cost of goods sold efficient inventory management

February 26, 2018

2 Minute Read

No matter what good a company is producing, the cost of the materials needed to produce that product directly impact profits. Co......

Topic: business costs cost of goods sold cost reduction ordering costs

June 6, 2017

2 Minute Read

The inventory turnover ratio is the number of times a business sells and replaces inventory within a specified period. In effect......

Topic: cost of goods sold inventory management inventory turnover ratio stock management