inventory

A man with a barcode scanner takes stock of his inventory.
Entrepreneur Tips

Calculating and Reporting Year-End Inventory

By Matt · January 3, 2024
What Is Your “Year-End Inventory Value”? This is the total dollar value of all products in your warehouses as of the end of your fiscal year. We adjust your inventory account in QuickBooks to ensure the balance in your warehouse matches the balance in QuickBooks. Why Do We Do This? We do not have direct…
Amazon & Ecom Seller Tips

Handling Stale, Slow-Moving Inventory

By Matt · November 12, 2021
You’ve found a great product, done all the research, determined that you have a hot seller with little or no competition, and finally sent in your order. As your inventory begins to land in Amazon’s warehouses, you start to notice something peculiar…your inventory isn’t selling, and competitors are dropping their prices precipitously. Just a few…