Learn how the flow of costs impacts manufacturing firms, covering raw materials, work-in-process, finished goods, and cost of goods sold with practical examples and methods.

Discover how inventory impacts working capital by examining its role as a current asset in a company's financials and why it matters for business efficiency.

Your small business must pay labor wages to maintain inventory, so your true inventory costs are greater than the cost of the products themselves. Because you are allowed to deduct all business ...

Inventory policies drive two types of costs: operating expenses and working capital requirements. The latest “Logistics Cost and Service Report” by Establish/Herbert W. Davis and Co. indicates that ...

Calculating the cost of goods sold gives a business insight into its performance and helps calculate profit. Many, or all, of the products featured on this page are from our advertising partners who ...

Anna Baluch is a freelance writer from Cleveland, Ohio. She enjoys writing about a variety of health and personal finance topics. When she's away from her laptop, she can be found working out, trying ...

Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...

Not a subscriber? Apply online today. As firms deploy their inventories across multiple continents to serve growing markets, the costs of transportation and the direct impact of transportation modal ...

Retail businesses have unique accounting challenges. Here's a guide that will get you through the basics. Many, or all, of the products featured on this page are from our advertising partners who ...

Dead inventory or dead stock is made of products that were pulled from store shelves because they became outdated or were never sold. While some companies find ways to sell some dead inventory in a ...

Denver-basedAmbrook announced the launch of Ambrook Inventory, an accounting-integrated inventory feature designed to help ...