Join us on 7th December at 11am for an hour of Inventory Basics, we cover everything you need to know!

We're Previously covered in Inventory Basics Part 1

-What is a SKU?

-Why do you keep asking us about the cost of goods?

-How do I calculate the cost of goods?

-When do I need an inventory system?

-How do I get stock into an inventory system if I've never used one before?

This time we'll get into the nitty gritty of:

-Raw materials and stock in transit

-Why inventory goes on the balance sheet

-Why the timing of cost of goods sold matters

-What is a contribution margin

-What do I care about a gross profit percentage?

-Returns, write-offs and stock adjustments