Day: April 16, 2024

Closing Inventory Formula: How to Calculate & Why

An accountant or the person responsible for your company’s financial records should be calculating ending inventory. This process requires the accuracy of all data inputs at many levels of the business — from physical inventory stock counts to accurate sales and purchase data. Regardless of who actually calculates this figure, https://www.quick-bookkeeping.net/ all managers and business […]

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