Cost of Goods Sold Archives | ShipMonk | Fulfillment Center

LIFO Inventory Valuation Method

How much is your inventory worth? This is an important question because it determines your company’s tax liability and affects...

Does it feel like your ecommerce business should be more profitable than it is? Could there be hidden costs you’re...

Flow of Goods vs. Cost Flow Assumption If you manage inventory, you’re familiar with the term FIFO, an acronym that...

One of the most irksome tasks of owning an eCommerce business is keeping track of inventory—not just the number of...

Any company that sells a product carries merchandise inventory with costs that need to be tracked. Not only will tracking...

Any eCommerce business that manufactures goods has three different types of inventory at any given time: Raw Materials Inventory, Work...