Inventory is typically the largest balance sheet asset in most merchant companies. Accurate inventory is required to not only deliver timely and stellar customer service but also calculate ...

Just about everyone knows Microsoft Excel is a great tool for doing fast calculations in a worksheet. What small business owners don't know is that Excel can also count. Regardless of what kind of ...

Your small-business inventory count has a major impact on your taxes and your bottom line. While it may be tempting to make some guesses about how much you have on hand, you need an accurate count so ...

There’s no magic formula for knowing how much inventory to carry, but there are best practices and calculations to follow. Many, or all, of the products featured on this page are from our advertising ...

Understand how small businesses are managing inventory effectively using Quickbooks and understanding stock levels ...

Did you recently complete a physical inventory count? Are you happy about it? You shouldn't be. No matter the result, the physical inventory process is difficult, disruptive, expensive and generally ...

Starbucks is rolling out its latest AI-powered back-of-house technology with barista efficiency in mind. The Seattle-based coffee giant is working with NomadGo to roll out a custom automated inventory ...

Editor’s note: The coronavirus pandemic has made inventory testing a huge challenge for auditors, particularly for client entities with a March 31 fiscal year end. Audit firms are requiring staff to ...

Several major retailers in the U.S. use a century-old accounting practice known as “the retail inventory method,” which relies on retail prices to estimate inventory, even though it fails to take full ...