How to Account for the Allowance of Excess & Obsolete Inventory. Inventory management can be a tricky part of owning a business, and eventually everyone makes a mistake and miscalculates customer ...

Whether a company is a manufacturer, a distributor or a hybrid, inventory is a significant component of its financial structure. Accurate inventory accounting is vital, especially in the globalized ...

This story was originally published on Retail Dive. To receive daily news and insights, subscribe to our free daily Retail Dive newsletter. To determine the value of ending inventory and, ultimately, ...