Obsolete Inventory and How to Deal With It by Dobromir Dikov, FCCA Magnimetrics
Content How to prevent obsolescence Obsolete Inventory Guide: How to Identify, Manage & Avoid It #1 Rated Cloud ERP Software in USA Writing off obsolete inventory Inaccurate inventory forecasting Showing the usage/sales data in a graph will aid with the trend analysis. To account for this decrease in value, we write down or entirely write-off[…]