Calculate Cost of Goods Sold: FIFO Method Explained

Discover how the FIFO method simplifies COGS calculations, using examples and comparisons to enhance your financial ...
Houston Chronicle

What Inventory Method Gives the Highest Income?

A company normally wants to minimize income in order to pay the least tax. However, certain circumstances motivate a company to want high income. For instance, management may believe the company's ...
Fleet Owner

Fleetio adds new options to inventory management software

Fleet maintenance software Fleetio has added new inventory valuation methods to its offerings: LIFO / FIFO (last-in first-out, first-in first-out). LIFO / FIFO is an accounting method for customers to ...
Houston Chronicle

Inventory Methods That Result in the Lowest Taxable Income in a Period of Decline

Inventory can consist of merchandise you prepare for retail sale or products you create from raw materials and labor. In either case, you don't expect to sell all your inventory in a single ...

Specific Identification Inventory Method: Track Each Item's Value

Learn how the specific identification method lets you track individual inventory costs and improve sales insights. Ideal for ...
Forbes

Reduce Your Retail Inventory Now Before Normal Sales Resume

Do you really need to offer every color in that shoe style OR have 12 diverse types of ketchup on your shelves? The days of abundant inventory offerings will be missed! Leaner inventory levels that ...
Business Wire

Five Retail Inventory Management Methods That Can Help Retailers Streamline Operations and Tackle Surplus Stocks | Quantzig

LONDON--(BUSINESS WIRE)--Quantzig, a premier analytics solutions provider announces the completion of its recent article that offers comprehensive insights into five retail inventory management ...