The Financial Statements - Balance Sheet, P&L & Cash Flow Statements are used by investors, market analysts, and creditors to evaluate a company's financial health and earnings potential.| Deskera Blog
Depreciation is a term in accounting that refers to the process of allocating the cost of an asset your company bought (like machinery, heavy equipment, property, etc.) over the period of its lifecycle.| Deskera Blog
A million-dollar question, literally and figuratively in every business, big or small, is “How much to order?”. EOQ helps answer this question. As a business owner, your main enemies are overabundance and/or shortage of goods. When you have inventory in large quantities sitting in your warehouse and no one| Deskera Blog
Safety stock is an extra quantity of a product that is stored in the warehouse to prevent an out-of-stock situation, and retain customers.| Deskera Blog
FIFO stands for First In First Out. FIFO in inventory valuation means the company sells the oldest stock first and calculates the COGS based on FIFO.| Deskera Blog
Cash flow refers to the money moving in and out of the business. Cash flows are found in operations, investing and financing functions of the business.| Deskera Blog
Revenue is also referred to as sales revenue. Revenue is the amount of gross income gained through sales of items, products, or services.| Deskera Blog
Marketing is a practice that encompasses an organization’s activities to attract, engage and maintain relationships with customers. Further, it is accomplished through the utilization of data, which is used to identify and establish marketing opportunities.| Deskera Blog
Here's an in-depth guide on inventory management to help you optimize stocking and warehousing. Learn about benefits, techniques, and different challenges.| Deskera Blog
Inventory control is monitoring & managing a company's inventory and warehouse by keeping up the stock at desired levels.| Deskera Blog
Discover how automated inventory management systems can transform your business by enhancing accuracy, reducing costs, and boosting efficiency.| Deskera Blog
The Inventory Turnover Ratio is the number of times a company sells or replaces the inventory during a given period.| Deskera Blog
Expenses in accounting are the cost of doing business, including a sum of all the activities that will hopefully generate profit for you.| Deskera Blog
In depth coverage of cash flow statements, with preparation, calculations and examples. Download ready to use cash flow statement templates for free.| Deskera Blog
Capital is the asset that allows your business to produce a product or service to sell to customers. It can be financial assets or raised from financing.| Deskera Blog
Procurement refers to activities carried out by businesses to acquire products and services. It assists to streamline costs, ensure quality, & reduce risk.| Deskera Blog
What's inventory all about? Get clear definitions, explore various types, and understand through examples. Manufacturing basics made easy.| Deskera Blog
A technique for predicting future demand for a product is demand forecasting. Managers use different approaches to predict demand forecasting more accurately| Deskera Blog
Inventory carrying costs refers to the cost incurred in the process of holding the unsold inventory. One of the topmost problems organizations have with inventory management is carrying costs. Inventory carrying costs include storage, shipping, handling, labor, insurance, taxes, item replacement, shrinkage, and depreciation. They are incurred when products are kept on the shelves in a warehouse, distribution facility, or retail location.| Deskera Blog
A supplier in business can be described as a person or an entity that supplies goods and services. This is the part of the business's supply chain that provides the bulk value of a particular product.| Deskera Blog
Lead time is the total time taken from the initiation of an order until the goods are delivered and available for use or sale.| Deskera Blog
Customer loyalty is a metric to measure the willingness of a customer to maintain business repeatedly with a company or brand. It indicates that the customers are happy and satisfied.| Deskera Blog
ABC analysis is an important part of inventory management as it helps in categorizing stocks into three categories - A,B, and C, based on their revenue.| Deskera Blog
Just-in-time inventory is a term that implies ordering inventory only as they are required. This article will help you understand this method in depth.| Deskera Blog
Deskera Cloud ERP software:The best software solution for business efficiency, cost reduction and decision making. Deskera ERP is one of the top ERP software.| Deskera
