Inventory Valuation Methods

Inventory Valuation Methods Inventory generally refers to stock or stock in trade. In trading, it refers to perpetual inventory meant for resale or unsold goods. In a manufacturing concern, it includes items such as raw materials, semi-finished goods, and finished goods. An inventory valuation allows your company to provide a monetary value for items that make up…

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Top Free Invoicing Software

Invoicing explained Invoices are a critical element in business. In simple words, it is a commercial document that itemizes and records a transaction between a buyer and a seller. An invoice tells your client how much they owe you, when the payment is due and what services you provided. If goods or services were purchased…