Taxpayers that fail the gross receipts test are not eligible for the new rules governing inventory accounting. The $25 million threshold will be indexed annually for inflation; the 2025 amount is $31 ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Learning how to manage inventory ...

When disaster hits, the last thing you want is to argue about what you owned and what it was worth. Yet that is exactly where ...

This account presents the value of inventories on hand that is expected to be sold to customers outside of the university. 040000: Inventory-Internal Sales/Consumed This account is similar to account ...

Anna Baluch is a freelance writer from Cleveland, Ohio. She enjoys writing about a variety of health and personal finance topics. When she's away from her laptop, she can be found working out, trying ...