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Topic: inventory value

How to Calculate Ending Inventory – The Complete Guide

Calculating ending inventory at the end of a financial year can be a challenge. It’s a time when you’re likely juggling between creating inventory reports and fulfilling end of year sales. This article simplifies those ending inventory challenges by looking at: The ending inventory formula Why ending inventory is one of the essential fi ... Read More

  November 25, 2020     

Establishing Your Inventory Value

What is value? It can mean different things to different people and will represent something different to both you and your customers. Consumers see value in the form of the benefit and functionality that a product offers. Value to the business represents the financial cost or revenue stream inventory creates. From an accounting perspective, the [& ... Read More

  May 29, 2017