Inventory sheets enable you to record and track materials, items in production and finished products to assist with the successful organization of your business. After taking inventory, organize ...

There are only two valid reasons for doing a physical inventory count: record keeping is so bad that you don't really know what you have on hand, or you are forced to do it by a parent company ...

The perpetual inventory system controls inventory in order to both protect it from theft and damage and report it in the balance sheet as an asset that impacts net income. When the inventory is ...