Efficient inventory management is the backbone of any successful retail business. Whether you run a small store or a large ...

How LIFO and FIFO accounting methods impact a company's inventory outlook Carla Tardi is a technical editor and digital content producer with 25+ years of experience at top-tier investment banks ...

Oracle NetSuite ERP (NetSuite) is an enterprise solution for managing your accounting, inventory, production, orders, supply chain, and warehouses. It can manage global subsidiaries in over 190 ...

With an inventory accounting method, such as last-in, first-out (LIFO), you can do just that. Below, we’ll dive deeper into LIFO method to help you decide if it makes sense for your small business.

Why Do Companies Manipulate Their Balance Sheets? Companies can manipulate their balance sheets in many ways, ranging from inventory accounting to contingent liabilities. The goal is to increase ...

You can integrate several forms of QuickBooks, including QuickBooks ERP, QuickBooks Inventory Management, QuickBooks Online and even QuickBooks Payments. Simply use the Accounting Configuration ...

How does that margin compare at sell-in time vs. end of season (including markdowns and unsold inventory)? This is a useful question as it’ll force you to review which products ...

In his landmark 1990 book Flow, psychologist Mihaly Csikszentmihalyi described flow as “a state in which people are so involved in an activity that nothing else seems to matter; the experience ...