InventoryLab: An Inventory Solution
Are you looking for ways to save time and money in processing and analyzing your inventory? At bookskeep, many of our clients are utilizing a third-party listing service called InventoryLab. This online software allows you to scan the item into the software, print and attach the individual label, and sort the item into the correct […]
Freight and Shipping: COGS or Expense?
When you are calculating the cost of your products, how do you handle the freight? Is it included in your cost of goods sold calculation? Or do you pay it from an expense account designated for freight or shipping?
Items in Transit – Are They Considered Inventory?
As with many accounting questions the answer is, “that depends…” Here’s the scoop.