Posts tagged with stocktaking

Inventory, bookkeeping and business success topics for makers.

inventory management

10 reasons why your stocktake count is out

Studying your discrepancies is a hugely important part of the stocktake process as it allows you to gain more knowledge about your production processes. Only with this knowledge in hand can you begin to make improvements to your process, your products and your bottom line.

· 3 min read

product updates

New! Stocktaking

This week, in our PRO and above plans, we released the ability to create a stocktake. This feature essentially allows you to generate a list of materials to check your physical stock on hand against and quickly enter in your actual counts.

· 1 min read

inventory management

Reasons why you should regularly stocktake your handmade inventory

Stocktaking, if done regularly and as part of a bigger process of constant improvement can lead to huge positive changes in your business, some of which will directly impact your bottom line.

· 4 min read

inventory management

Choosing a sampling method for your cycle counts

Cycle counting your inventory is a great alternative to the time consuming, tedious and error-prone task of counting your entire inventory each time you stocktake.

· 4 min read

inventory management

Is it better to track inventory through the year or do an end of year stocktake?

The IRS and GAAP (Generally Accepted Accounting Principles) rules both state that you have the choice to either count your complete inventory on an annual basis once a year or maintain a perpetual (constantly counting) counting system. So, which method of tracking is generally best for a handmade business?
· 5 min read

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