inFlow Learning: Count Sheet Template

How to use a count sheet to check inventory

Posted by Thomas Wong

Boy, have we got a count sheet template for you — and don’t worry, it’s way better than counting sheep on your hand. But we’re not just going to give you the template today: we’re also going to talk a little bit about what the sheet is supposed to do, and why you’ll want to use it.

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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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