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Have you ever thought of using QuickBooks as your main financial tool? Even if you already decided to choose QuickBooks, QB Online, or...

What is negative inventory? Negative inventory is a condition that inventory count shows that there are less than zero item in stock....

Because inventory is closely tracked using computer systems, different accounting methods, etc., mistakes in the process can actually...

It goes without saying that accurate and timely physical inventories are one of the most important responsibilities in assuring making business more profitable. An inaccurate inventory can make the difference between the profit and loss. For example, if a corporation overstates its inventory, it will exaggerate gross profits and net income as well as current assets, total assets, retained earnings, stockholders' equity, and all of the related financial ratios for the current

Inventory control and usage may become actually complex, so depending on the needs of the company, other more sophisticated inventory...