In QuickBooks, you can't change an inventory item to a non-inventory item; you can only change it to an inventory assembly item. To switch and use non-inventory items, duplicate the inventory items as ...

While it's best to have everything in stock that a customer may need, it can be expensive buying and keeping items around that may be needed only rarely or which can grow obsolete before sale. One ...

Small businesses manage inventory efficiently by keeping enough stock to meet demand while avoiding overstocking. To do this, they track what’s on hand, what sells, and when to reorder using simple ...

The recent disasters sweeping the nation, from the torrential floods in North Carolina to the fires still raging in Southern California, showed how vital it is to have an evacuation plan because you ...

Learning how to manage inventory efficiently is critical to any business that sells physical goods. From timely ordering of supplies to tracking and storage, any mistakes can directly impact your ...

Several methods exist for valuing inventory on hand. The university allows First-In, First-Out (FIFO) and Weighted Average methods. There are advantages and disadvantages to both, but each assigns a ...

Inventory management is the process of tracking where your products are at all times and when to order more. These techniques can improve your inventory management process, independent of software.