fbpx

Bookkeeping Basics – Inventory

$345.00

Description

Every tax preparer and accountant somewhere along the lines needs to have a fundamental basic understanding of bookkeeping in order to ensure they are using the correct numbers when preparing a tax return or otherwise presenting financial information to their client.

Inventory

  • Learn the basics of Inventory through a basic overview
  • Discover methods of valuing inventory
  • Understand the differences between Periodic and Perpetual (or Dynamic) inventory methods
  • Learn how to code Inventory transactions using examples of FIFO, LIFO, and AVCO methods
  • Understand how a computerized inventory system handles these same transactions
Scroll to Top