An MPN, or Manufacturer Part Number, is a unique alphanumeric code assigned by a manufacturer to identify a specific product or component within their inventory. Learn where and how to use them.
Moving average cost (MAC) is an inventory valuation method that tracks the price of goods purchased. Read on to learn how it works and how to use the moving average cost formula to arrive at an accurate inventory value.
Every business dealing with inventory needs to conduct inventory counts. This article will explore different ways of doing that and provides tips and tricks to make it as effortless as possible.
Managing inventory involves a lot of math. Check out these 7 inventory management formulas to make sure you can make the most economical decision about your inventory.
Manufacturer serial numbers (MSN) are unique identifiers that help track items and enable services such as warranties. Keep reading to learn everything you need to know about MSN numbers.
Cloud ERP software is the latest technology in business management. But what is it, and why is it taking the business world by storm? Learn all about it here.
An engineering bill of materials (EBOM) is an essential part of any design, engineering, and manufacturing project. Learn all about it in this article.
A sell-through rate is a vital metric for businesses to gauge their efficiency and make informed decisions about inventory. Learn how to calculate it using the sell-through formula and ensure optimized inventory levels.
Non-inventory might be more trouble to track than it’s worth. But it’s important for accounting your accounting. Here’s everything you need to know.
Kanban for manufacturing is a visual system that helps to control the flow of work within a process. By limiting work in progress and promoting continuous improvement, Kanban can improve workflow efficiency and reduce bottlenecks.
Are you unsure of what to do with your scrap items in inventory? Fear not, with the right strategies, you can turn that mess into money. This article will look into scrap inventory and the best ways to manage it.
Inventory reporting is part of any business dealing with some kind of stock movement. Learning how to do it efficiently can save you a lot of time and effort.
Not every item in your business needs to be tracked and recorded. This article will look into QuickBooks non-inventory items, what they are, and how to use them.
Inventory assets refer to a business’s physical goods available to sell in QuickBooks Online. If you use QBO for your accounting and bookkeeping needs, you’ll want to know how to manage a QuickBooks inventory asset correctly.
Negative inventory in QuickBooks is a common occurrence. But it can cause a lot of issues if it’s not addressed. Learn how to fix it and prevent negative stock in QuickBooks from happening.
If you experience a change in your inventory that isn’t related to buying or selling goods, you will need to adjust inventory in QuickBooks. This article will give you a quick overview of making QuickBooks inventory adjustment without creating accounting errors.
QuickBooks and ERP software are both systems that manufacturers use to manage their production and bookkeeping. This article will explore the difference between the two and answer whether or not QuickBooks can be considered an ERP system.
QuickBooks Online vs. Desktop: head to head. QuickBooks is focusing their efforts on the online version, and they’re nudging their customers over as well. See how these two platforms compare to each other, so you can prepare for the inevitable move over.
Manufacturing batch records are crucial documents for verifying quality in chemical and process manufacturing. Here’s everything you need to know about them.
