Inventory systems track the flow of raw materials, work in process and finished goods inventory from receipt to sale and shipment. Accountants use different methods of tracking inventory based on the ...

Jeff is a writer, founder, and small business expert that focuses on educating founders on the ins and outs of running their business. From answering your legal questions to providing the right ...

Thanks to sophisticated software systems that even small businesses can use, more companies are moving toward the perpetual inventory system, which keeps real-time track of product levels. The ...