Moving average

Moving average formula for calculating cost

Posted by Thomas Wong

The moving average formula is a solid choice for ensuring your costs are always up to date. Costing methods are important to nail down because, given the same stock levels and purchase prices, each method can report very different levels of profit and cost of goods sold (COGS). We’ve already talked about FIFO (First in […]

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How to calculate margin vs. markup

Posted by Thomas Wong

If you’ve been wondering about the differences between Margin and Markup and how to calculate those figures, this is the article for you! We’ll explore the relationship between cost, price, markup, and margins.

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Accounting 101

Posted by Matthew Kostanecki

This article will give you a general overview of inventory accounting and the related equations, formulas, and ratios critical to your business success.

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