The three most widely used methods for inventory valuation are: First-In, First-Out (FIFO), Last-In, First-Out (LIFO), and Weighted Average Cost| Deskera Blog
The income statement is a comprehensive breakdown of your company's operating and non-operating expenses and revenue.| Deskera Blog
Accrual Cash and Modified-The key difference between the three is the time frame under which the various transactions are allocated.Here are the advantages and disadvantages of each for your Business| Deskera Blog
Bookkeeping not only keeps you in charge of your finances but also helps you take better financial decisions. Therefore, you'd do well to acquaint yourself with bookkeeping basics as an entrepreneur.| Deskera Blog
Balance sheet (also known as Statement of Financial Position) is one of the 3 important financial statements. Alongside with Income Statement and Cashflow Statement, it helps to reveal a company's overall financial health.| Deskera Blog
Deskera Books is an Online Accounting Software designed to manage business finance transactions such as invoices, bills, bank connect, inventory. Sign up for FREE!| Deskera
Let’s find out what owner’s equity really is, and distinguish it from some of the other commonly used terms categorized as owner’s funds in business accounting.| Deskera Blog
Understand the basics of stock classification. Find out how different types of inventory impact manufacturing and retail businesses.| Deskera Blog