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3 Common Methods for Analysing Inventory on the Balance Sheet featured image
August 13, 2019
2 Minute Read

3 Common Methods for Analysing Inventory on the Ba...

Business owners need to take care when analysing information displayed in the company’s balance sheets. A statement of the ass......
Topic: inventory balance inventory levels inventory management inventory management system
The Impacts of Inventory Stock Discrepancies in Accounting featured image
October 23, 2018
3 Minute Read

The Impacts of Inventory Stock Discrepancies in Ac...

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
Don't Overlook These Differences Between Inventory and Fixed Assets featured image
September 14, 2018
3 Minute Read

Don't Overlook These Differences Between Inventory...

Especially at the beginning for small businesses, it’s easy to get inventory and fixed assets confused. Inventory and fixed as......
Topic: inventory inventory accounting inventory balance
Avoid These Common Inventory Mistakes featured image
April 17, 2017
4 Minute Read

Avoid These Common Inventory Mistakes

It is a great idea to make sure you are aware of common inventory-related mistakes so they are not repeated unnecessarily, costi......
Topic: forecasting integrating platforms inventory balance inventory mistakes stock take
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