What is ageing item? What is FIFO?

AnswerBot
7mo

Ageing item refers to inventory that has been in stock for a long period of time without being sold. FIFO stands for First In, First Out.

  • Ageing item is inventory that has been in stock for a long time...read more

Anonymous
8mo
Ageing is term of goods that haven’t sold quickly or goods that haven’t sold suggested retail price. FIFO Means First In First Out Recently received the goods is arranged on last and the oldest items ...read more
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