Topic: Inventory Obsolescence
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how to reserve for inventory obsolescence
Measure the amount of scrapped, lost, stolen, obsolete product (inventory) over a reasonable period of time, say, 12 mos. If that amounts to $1200 for 12 mos. then you average $100 per month. So, every month you would record this entry: Inv... Read More »
Source: http://community.intuit.com/posts/how-to-reserve-for-inventory-ob...
How does Gung-Ho utilize "sell-through" to minimize client invent...
In addition to supplying the products, Gung-Ho can optionally handle all aspects of its clients' sales to end-user customers by seamlessly integrating front-end order management (including e-commerce) with individual fulfillment and bulk di... Read More »
Source: http://www.gung-ho.com/about_gung-ho/faq/
