Now is about time that I start to plan my year end. Unless your fiscal year end is June 30th. Think about that for a second. I used to scoff at those who had year end closes in the middle of the year. What blasphemy! How can you call a year end in the middle […]
Average costing is described as follows: the average cost of all inventory on hand for any given part. While that might seem like a rather simple description, it does entail a rather complex series of calculations. Take for example if you had 100 pieces in stock that were received at a dollar each, the average […]