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August 10, 2022

Last In, First Out LIFO: The Inventory Cost Method Explained

The pools created under this method are, therefore, known as dollar-value LIFO pools. The simplified dollar-value LIFO approach involves clubbing the inventory into classes or pools […]
July 14, 2022

QuickBooks Online now automates accounting across your e-commerce stores

It saves the day, as you don’t have to search for third-party solutions, helping you introduce ecommerce functionality to your website and add another app to […]
July 6, 2022

Discounted Payback Period: Definition, Formula & Calculation

When using this metric, it’s important to keep in mind that a longer payback period doesn’t necessarily mean an investment is bad. You should also consider […]