A stack of invoices

Does inFlow replace small business accounting apps?

Posted by Thomas Wong

We’ve had a lot of users ask if they can use inFlow instead of small business accounting software. The quick answer is that inFlow Cloud and inFlow On-Premise are focused on inventory control and order tracking, but they do have features to help you keep on top of your finances. The more nuanced answer is […]

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Moving average

Moving average formula for calculating cost

Posted by Thomas Wong

Costing methods are very 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 talked about FIFO (First in first out) and LIFO (Last in first out) costing methods before, so it’s now time to discuss […]

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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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