Inventory Depreciation Archives - The Workflow Academy

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What and Why Do You Track Inventory? 2 Topics

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Why is Inventory Tracking Important

Inventory Turnover is a Beautiful Thing

Items: The Most Basic Element of Inventory 5 Topics

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Intro to Our Use Case

Items, SKUs, and Units

Selling Price and Cost Price

Sales, Expense, Inventory, and Cost of Goods Sold (COGS) Accounts

Intro to Warehouses

Tracking Inventory: Receiving, Selling, Delivering, Transferring, and Adjusting 9 Topics

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The Flow of Inventory

Issuing Your First PO

PO Receipt and Bills

Accounting Stock vs Physical Stock

Losing Inventory via Sales Orders, Packages, and Invoices

How These Transactions Affect Debits and Credits

Receiving/Losing Inventory via Inventory Adjustments

Transfer Orders, Vendor Credits, and Credit Notes

IT’S YOUR OWN DAMN FAULT IF YOUR INVENTORY IS OFF

More Adventures in Inventory Finance 2 Topics

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Inventory Depreciation

FIFO, LIFO, and Average Costing

Shipping Provider Integrations 3 Topics

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Intro to Shipping in Inventory Software

The Need for Integrating with Shipping Providers

Different Businesses Look for Different Shipping Integrations

eCommerce and Brick-and-Mortar 4 Topics

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Intro to eCommerce

eCom Platforms and Marketplaces

Checklist of eCom Questions When Implementing Inventory Software

Brick-and-Mortar Sales

Final Topics 2 Topics

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Serial Numbers and Batch Tracking

Composite Items, Bundling, and Manufacturing