Inventory Turnover Calculator

Inventory turnover is a ratio used to express how many times a company has sold or replaced its inventory in a specified period. Business owners use this information to help determine pricing details, marketing efforts and purchasing decisions. To calculate inventory turnover, simply divide your cost of goods sold (COGS) by your average inventory value.…

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How Much Do Bookkeeping & Accounting Services for Nonprofits Cost?

By understanding these unique aspects of non profit bookkeeping, you can better navigate the complexities and ensure your organization’s financial stability and transparency. Nonprofits often receive donations with specific restrictions on how the money can be used. Bookkeepers must meticulously track these donor restrictions and ensure that funds are allocated and spent according to donor…

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