by Cathy O. EcommerceMay 19, 2023May 18, 2023 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...
by Cathy O. EcommerceOctober 11, 2022October 11, 2022 FIFO Inventory Management vs. Inventory Valuation for eCommerce Businesses Flow of Goods vs. Cost Flow Assumption If you manage inventory, you’re familiar with the term FIFO, an acronym that...
by Cathy O. EcommerceSeptember 19, 2022September 19, 2022 How to Calculate Inventory Holding Cost or Carrying Cost Remember when you were managing your eCommerce business out of your garage? Back then you didn’t need to know about...