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FIFO vs. LIFO method: Definitions, Differences, Examples, Advantages and Disadvantages

FIFO and LIFO are two accounting methods for valuing inventory. FIFO is considered to be superior, but LIFO also has its merits. This post discusses both methods and provides an example that...
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The Best Accounting Software for Small Business Inventory Management

Is your business growing faster than you can manage? Then an inventory management software should be...
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Best Inventory Management Software 2020

Keeping an accurate inventory is essential for almost any business. Whether you are in retail, whole...
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5 Myths of Cloud-Based Accounting Software: Debunked

The cloud allows you to access to your data in real-time and from anywhere with an internet connecti...
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The Advantages of Using an Accounting Software

Still using a shoebox and notebook approach to accounting? Accounting software provides a way for yo...
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Save Time And Money With Inventory Management Accounting Software

Want to save some time and money for your business? Throw out your inventory management software and...
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