What is inventory? Why is it important to account for inventory? Inventory accounting can help your business save money AND increase profits. This video covers what inventory is, what it isn’t, and covers several of the benefits of accounting for your inventory properly. If you’ve ever had too much stock on hand or worse, run out right when sales were booming… this video is for you!
Xero is beautiful accounting software for small businesses and their advisors. See your cashflow in real-time with online accounting, invoicing, payroll, billing & banking. Just login and see the difference. Sign up for a free trial at https://www.xero.com/signup