A Balance Sheet offers a snapshot of your company’s financial position at a moment in time. The Balance Sheet helps you answer the questions: - How much does your business own? - How much does your business owe? - How much was invested by your own fund, or shareholders funds?| Deskera Blog
Just-in-Time Inventory is an inventory management method that aims to provide inventory, raw materials, and workers only at the time of need.| Deskera Blog
What is Profit and loss and P&L Statement- the Key Elements, Types , Use cases and prepare a Profit and loss Statement| Deskera Blog
Financial reporting is an accounting practice that uses financial statements to disclose important information about the financial health of a business.| Deskera Blog
The Inventory Reorder Point in inventory management is the minimum level of stock for a specific product.| Deskera Blog
An SKU is a unique number or code allocated to each product that differentiates it from the other products in the warehouse., making it easier to track| 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
Inventory control is monitoring & managing a company's inventory and warehouse by keeping up the stock at desired levels.| Deskera Blog
Inventory costs includes the cost to order & hold inventory & admin cost. Ordering, holding, carrying, shortage and spoilage costs are some common costs.| Deskera Blog
The Inventory Turnover Ratio is the number of times a company sells or replaces the inventory during a given period.| Deskera Blog
The cost of goods sold (COGS) is a significant part of a business Income Statement and plays an essential role in calculating the net income for a business. Understanding the cost of goods sold (COGS) helps businesses to find out about their financial health and profitability.| 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
KPI, or Key Performance Indicator, is a measurable and achievable metric that helps businesses track progress and measure effort towards a desired objective| Deskera Blog
What's inventory all about? Get clear definitions, explore various types, and understand through examples. Manufacturing basics made easy.| 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
Understand the basics of stock classification. Find out how different types of inventory impact manufacturing and retail businesses.| Deskera Blog
Learn about the Pick-Pack-Ship fulfilment method, the various documents involved, its benefits, and how it compares to dropshipping.| Deskera Blog