Periodic Inventory System: Definition and Calculations
Small merchandising businesses can track their inventory with an inventory management approach known as the periodic inventory system. Under a…
9 min read
Inventory
inventory
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Latest Posts
Perpetual Inventory System: Definition & Examples for Business
Merchandise businesses can record their inventory with either a periodic inventory system or a perpetual inventory system. A periodic inventory…
10 min read
Is Inventory a Current Asset?
Yes, inventory is considered a current asset. Current assets or short-term assets are accounts that track what a company owns…
5 min read
![5 Types Of Inventory Costs [Explained with Examples]](https://images.unsplash.com/photo-1585861299373-491140ca920e?ixlib=rb-1.2.1&q=80&fm=jpg&crop=entropy&cs=tinysrgb&w=2000&fit=max&ixid=eyJhcHBfaWQiOjExNzczfQ)
5 Types Of Inventory Costs [Explained with Examples]
Inventory cost includes the costs to order and hold inventory, as well as to administer the related paperwork. This cost…
9 min read
Deskera Mobile App- The Only Small Business App You Need
The number of mobile business users is increasing every day. At Deskera, we have designed our business app by understanding the requirements of a business owners.
Our mobile app allows business owners and executives to run their entire business from their phone.
30 min read
What Is Inventory Management | The Complete Guide To Inventory & Stock Management
Inventory management helps you to manage and track your inventory & order fulfillment, prevent stock shortage, and do accurate stock valuation & accounting
20 min read
What Are the Different Inventory Valuation Methods (With Examples)
The three most widely used methods for inventory valuation are
First-In, First-Out (FIFO)
Last-In, First-Out (LIFO)
Weighted Average Cost
5 min read
What Are The Different Types of Inventory (With Examples)
The three most commonly used inventory are raw materials, work in progress (WIP) inventory and the finished goods.
3 min read
What Is Inventory? Treatment of Inventory in Accounting
Inventory refers to all the goods, items, and materials purchased or manufactured by a business for selling to the customer to make a profit.
4 min read