Category: Inventory

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Inventory Classifications Defined

draft – there are some descriptions required and some contradictions. December 2013 / PhreeBooksR36RC3 Author – Charles Inventory Classifications (in alphabetical order): Stock, Non-stock Activity Item – treated like a service or Charge. A non-stock item. Activity Items are a lot like service items with the main difference being they are supposed to be a…
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Inventory Cost Method

December 2013 / PhreeBooksR36RC3 Author – Charles Decisions on what is the appropriate Inventory Cost Method for your sort of business will need to be made with your accountant. Once you have decided on the correct Inventory Cost Method to be employed in your company, it should not be changed lightly. Normally, there are strict…
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Inventory Re-order Worksheet

February 2014 / PhreeBooksR36RC3 Author – Charles Dave Premo: The Inventory Re-order Worksheet report. This will list all items below the reorder stock level sorted by preferred vendor (adjusted to take into account lead time). I put the report in my Favorite Reports dashboard on my homepage and run it every day. PhreeBooks will help…
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