What is inventory? Why do inventory accounting? | Small Business Guides | Xero

What is inventory? Why is it important to account for inventory? Inventory accounting can help your business save money AND increase profits. This video covers what inventory is, what it isn’t, and covers several of the benefits of accounting for your inventory properly. If you’ve ever had too much stock on hand or worse, run out right when sales were booming… this video is for you!

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