If you run a business that requires the housing of inventory, the amount of inventory you keep on hand is tracked in your accounting system. Periodically, the inventory should be physically counted to ...
Businesses must carry out year-end inventories to meet tax requirements and to gather accurate data for financial statements. For some businesses, a complete physical inventory can be a major ...
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 ...