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Inventory

Inventory tracking, valuation, and management for businesses

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Leather Goods Maker Bookkeeping: Why Your Real Material Cost Isn't What You Paid Per Hide
·mike

Leather Goods Maker Bookkeeping: Why Your Real Material Cost Isn't What You Paid Per Hide

A 50-square-foot hide costing $450 landed with a 64% yield rate has a real material cost of $14.06 per usable square foot, not the $9.00 the invoice implies — the gap driving margin surprises as 2026 tariffs and a shrinking U.S. cattle herd push leather prices up roughly 22%.

bookkeeping
cost-of-goods-sold
inventory
Reupholstery Shop Bookkeeping: Bench-Time Costing and the Overhead Trap
·mike

Reupholstery Shop Bookkeeping: Bench-Time Costing and the Overhead Trap

A wingback chair takes 7-8 yards of fabric and a sofa 15-22, but shops that price by materials plus a flat labor guess routinely underbill by 20-30% because the fully burdened labor rate and per-job overhead never get calculated — only the fabric receipt does.

bookkeeping
small-business
cost-of-goods-sold
The Machine Shop Bookkeeping Guide: Job Costing, WIP, and Real Margins
·mike

The Machine Shop Bookkeeping Guide: Job Costing, WIP, and Real Margins

Machine shops that track only labor and materials miss the two costs that decide whether a job is profitable — machine overhead and work in process — so aggregate revenue looks healthy while a third of jobs quietly lose money.

manufacturing
job-costing
inventory
Shoe Repair & Cobbler Shop Bookkeeping: Job Costing, Materials, and Tax Guide
·mike

Shoe Repair & Cobbler Shop Bookkeeping: Job Costing, Materials, and Tax Guide

U.S. shoe repair revenue is roughly $315.6 million and shrinking about 2% a year since 2020, yet job costing, split inventory tracking, and correct sales-tax treatment of repair labor are what let surviving cobbler shops price resoles profitably and diversify into leather goods and wholesale work.

small-business
bookkeeping
cost-of-goods-sold
Independent Bookstore Bookkeeping: How to Protect a 2-10% Net Margin
·mike

Independent Bookstore Bookkeeping: How to Protect a 2-10% Net Margin

Independent bookstores net just 2-10% per the ABA's ABACUS survey, even with 40-50% gross margins. A practical bookkeeping guide to the transaction types that erode that margin — sale-or-return vendor credits, expiring co-op advertising funds, consignment and trade-credit liabilities — plus the 4-6x inventory turnover benchmark that predicts trouble early.

bookkeeping
small-business
inventory
Right to Repair 2026: How Parts-Pairing Bans Open a Door for Independent Repair Shops
·mike

Right to Repair 2026: How Parts-Pairing Bans Open a Door for Independent Repair Shops

As of January 1, 2026, Colorado, Washington, and Oregon ban software-based parts pairing on electronics and appliances, forcing manufacturers to open OEM parts and diagnostic access to independent repair shops — here's what the new rules mean for compliance and inventory bookkeeping.

right-to-repair
inventory
cost-of-goods-sold
Amazon's 2026 FBA Fee Overhaul: What the New Aged-Inventory and Low-Stock Fees Mean for Your Margins
·mike

Amazon's 2026 FBA Fee Overhaul: What the New Aged-Inventory and Low-Stock Fees Mean for Your Margins

Amazon's 2026 FBA fee changes start the aged-inventory surcharge at 181 days instead of 271, add a steeper tier for stock over 12 months old, and raise the low-inventory-level fee threshold from 28 to 35 days of forecasted supply — now enforced per FNSKU variation. Here's who pays most, how to estimate your exposure, and why these fees belong as separate expense lines in your books.

amazon
e-commerce
inventory
Comic Book and Trading Card Shop Bookkeeping: Why Your Inventory Isn't Really Your Inventory
·mike

Comic Book and Trading Card Shop Bookkeeping: Why Your Inventory Isn't Really Your Inventory

How comic and TCG shops should book consignment splits, buylist store credit, and graded-card cost basis — consigned goods stay off the balance sheet, store credit is a liability until redeemed, and high-value singles need specific identification, not average costing. Plus where the IRS draws the hobby-vs-dealer line, from the nine-factor §1.183-2(b) test to the 28% collectibles rate.

bookkeeping
small-business
inventory
Multichannel Inventory Reconciliation: Why Shopify, Amazon, and POS Stock Counts Drift Apart
·mike

Multichannel Inventory Reconciliation: Why Shopify, Amazon, and POS Stock Counts Drift Apart

Inventory distortion costs retailers $1.77 trillion a year in stockouts and overstock, and multichannel sellers on Shopify, Amazon, and POS are especially exposed to sync lag, phantom inventory, and manual reconciliation errors—this guide covers real-time sync, cycle counts, and reorder-point formulas to fix it.

inventory
e-commerce
amazon
Scrap Metal Recycling Center Bookkeeping: Cash Purchases, Seller IDs, and Form 8300 Compliance
·mike

Scrap Metal Recycling Center Bookkeeping: Cash Purchases, Seller IDs, and Form 8300 Compliance

Forty-five states require scrap yards to keep seller-ID records, cash caps run as low as $30 (Washington), and IRS Form 8300 is due within 15 days on cash over $10,000. A practical guide to building a purchase ledger that survives police, state regulator, and IRS scrutiny.

bookkeeping
small-business
compliance
Board Game Cafe Bookkeeping: Cover Charges, Food, Retail & Game Library Depreciation
·mike

Board Game Cafe Bookkeeping: Cover Charges, Food, Retail & Game Library Depreciation

Board game cafes blend three businesses — admission fees, food and beverage, and retail — and each needs its own revenue and COGS account; the game library itself should be capitalized and depreciated over 3-5 years, not expensed, while shrink-wrapped retail copies stay inventory.

bookkeeping
small-business
accounting-basics
Days Inventory Outstanding (DIO): Formula, Benchmarks, and Why It Matters
·mike

Days Inventory Outstanding (DIO): Formula, Benchmarks, and Why It Matters

Days Inventory Outstanding (DIO) measures the average number of days it takes a business to sell through its inventory, calculated as average inventory divided by cost of goods sold, multiplied by the number of days in the period.

financial-ratios
cash-flow
inventory
Showing 73–84 of 186 posts