Managers have many choices when it comes to accounting for inventory. Regardless of whether your small business uses a periodic or perpetual system, you must establish a method to determine the cost ...

Determining the cost or valuation of inventory held in a company is an important management task. Inventory often represents a large portion of total assets on the balance sheet and the method used to ...

Are you wasting money on excessive labor costs because your warehouse isn’t optimized? What is your cash flow outlook? What many warehouse administrators, logistic departments, small business ...

Home Depot, Inc. announced a key change in accounting principals in its third quarter filing with the SEC. After adopting a new enterprise resource planning system, otherwise known in the ...

Accurate inventory accounting is vital, especially in the globalized world of low-cost competition. Five critical inventory accounting control lapses threaten a company’s long-term survival.

A practical guide to selecting financial management software that can scale with expanding businesses and multi-entity operations. The post How do I choose scalable accounting software for growth?

An inventory control system is a system the encompasses all aspects of managing a company’s inventories; purchasing, shipping, receiving, tracking, warehousing and storage, turnover, and reordering.

I am a CPA specializing in helping busy business owners decrease the amount of time and energy they need to manage their accounting system. Clint has a small business and drew heavily from his ...

Determining whether accounting software or a comprehensive enterprise resource planning (ERP) platform is best suited for your business has significant implications for the management of finance, ...

IMGCAP(1)]What many warehouse administrators, logistic departments, small business controllers and even accounting teams may not consider is the business value realized from an integrated accounting ...