A product inventory sheet helps your small business keep track of items you use or sell. Each sheet lists a single product and keeps track of how much of the product is coming into your business and ...

Kelly Main is a Marketing Editor and Writer specializing in digital marketing, online advertising and web design and development. Before joining the team, she was a Content Producer at Fit Small ...

Conducting an annual inventory for a small business tends to be one of those necessary parts of doing business disliked by those chosen to participate. It's necessary because knowing precisely what ...

The number of times a business sells and replaces its stock over a given time period is its inventory turnover ratio. The inventory turnover ratio, also sometimes called stock turns or inventory turns ...

Editor’s note: The coronavirus pandemic has made inventory testing a huge challenge for auditors, particularly for client entities with a March 31 fiscal year end. Audit firms are requiring staff to ...