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Topic: depreciation

Why Accurate Costing is Vital for Success

Inaccurate information about your company’s expenditure can greatly inhibit your capacity to make and maintain a successful business. Accurate costing information enables managers to measure profit, so that they can make the best decisions for the company’s future. Below, we summarize precisely why accurate costing is so crucial to the success ... Read More

  June 14, 2017     

Is Your Excess Inventory an Opportunity?

Excess inventory is expensive to keep around; the longer you hold on to excess or stale stock, the more you lose to handling and storage costs, depreciation and shrinkage. Crucially, so long as your excess and stale stock has value, by holding on to it, you are tying up capital that could otherwise be invested elsewhere in your business. Whether yo ... Read More

  October 11, 2016