by Jared Plumb | Jun 26, 2026 | Accounting
Key takeaways Xero inventory is accounting-first, handling basic stock tracking, valuation, and COGS well, but lacking more complex inventory management features. Xero works best for simple, single-location setups with low SKU counts and no assemblies, lot tracking,...
by Robert Brandon | Apr 22, 2025 | Accounting
Key takeaways An invoice is a document or record between a buyer and vendor. An e-invoice and digital invoice are both electronic alternatives to traditional paper invoices. E-invoices differ from digital invoices in that they follow a structured format and...
by Jared Plumb | Mar 3, 2025 | Accounting
Key takeaways Proper inventory accounting involves tracking all materials, including raw materials, work-in-progress, and finished goods. Inventory accounting aims to ensure that all financial records are accurate and up to date. Which inventory costing...
by Robert Brandon | Jan 23, 2024 | Accounting
Currency has value. That simple fact is what enables businesses to function. Many factors go into ensuring a currency has value and stability, but most of us accept that it does without giving it much thought. But for small businesses dealing in multiple currencies,...
by Robert Brandon | Nov 2, 2023 | Accounting
Managing operating costs is an essential part of any business. This is doubly true for manufacturers who have a lot more variables to consider. On top of typical operating costs– wages, electricity, warehouse space, and so on– they have to deal with sourcing raw...
