Inventory refers to the stock of goods or materials that a business holds for the purpose of selling or producing goods.

• Inventory includes both finished goods and raw materials.

• It is an essential part...read more

Inventory refers to all the items, goods, merchandise, and materials held by a business for selling in the market to earn a profit.

A inventory is a record of all the items available for use in your daily business operations. The inventory increases with purchases and decreases with sales or consumption. It is important to track c...read more