Several major retailers in the U.S. use a century-old accounting practice known as “the retail inventory method,” which relies on retail prices to estimate inventory, even though it fails to take full ...

Anna Baluch is a freelance writer from Cleveland, Ohio. She enjoys writing about a variety of health and personal finance topics. When she's away from her laptop, she can be found working out, trying ...

Data inventory: What is it and why does it matter? Your email has been sent A data inventory is an important tool for identifying personal data in the data mapping process. Learn what it is and why it ...

The Department of the Navy recently launched a revamped version of an IT registry designed to save money, offer a more comprehensive view of department systems and help officials better plan ...

My company has been using <STRIKE>Blue Ocean</STRIKE> <STRIKE>Intuit</STRIKE> Numara Track-It for a help desk and inventory management solution. Our current version ...

An increasing number of retailers are dusting off a decades-old technology in order to streamline their inventory management, and some experts believe it could go far in tightening up the industry’s ...

When it comes to inventory taxes, five issues are readily identified. First, they are complex. Second, businesses that pay inventory taxes hate them. Third, inventory taxes are unfair because they are ...

Details like product variants and ingredient tracking can have significant impact when determining which inventory point-of-sale system is best for your business. NerdWallet's content is fact-checked ...

Learn what inventory accounting is, how it works, and key methods like FIFO, LIFO, and WAC. Includes real-world examples, tips, and best practices. I like to think of inventory accounting like ...