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Year-End Bonuses: Tax Issues for Employers and Employees
The holidays are often referred to as "the most wonderful time of year"—and, for some people, that's due in part to...
About Distribution and Wholesale Industry Accounting Services
Inventory is the focal point of any distribution and wholesale business. Too little inventory leaves your company unable to serve its customers—too much inventory can eat away your company’s profits.
In addition to pricing considerations, other factors, such as inventory management, methods of valuation and determination of the true carrying cost of an item, can have a dramatic impact on your company’s bottom line. Therefore, today’s distributors must recognize the hidden cost of carrying excess, slow-moving or obsolete inventories. Your company should strive to attain an optimal balance between minimizing inventory levels and maintaining a sufficient quantity of stock to satisfy customer needs. Freight costs and transportation logistics can also significantly impact your company’s profitability.
