How LIFO and FIFO accounting methods impact a company's inventory outlook Carla Tardi is a technical editor and digital content producer with 25+ years of experience at top-tier investment banks ...

What does “inventory adjustments” or “change in inventory” mean?
 This term reflects how your farm’s books are converted to the accrual accounting method.

Capital equipment records are verified at least once every two years to ensure that the inventory records within the asset management system are accurate. Capital equipment inventory verification ...

The basic inventory tools that come with small-business accounting software and point-of-sale systems can be sufficient in some cases, but more complex operations may require stand-alone software ...

E-commerce businesses have particular needs when it comes to accounting software. For example, if your e-commerce business sells a product, your accounting software should be able to track inventory, ...

Only equipment costing $5,000 or more with a useful life of one year or more is considered capital equipment and therefore tagged and tracked by Accounting Services in the asset management system.