Interactive Guide to Inventory Accounting
Master inventory cost flows and valuation with dynamic, hands-on simulators based on U.S. GAAP.
Inventory Cost Flow Simulator
Add purchase and sale transactions to see how FIFO, LIFO, and Weighted-Average methods impact your financial statements. This simulator uses the periodic inventory system for clear comparison.
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Inventory Write-Down Calculator
Inventory can't be reported at more than it's worth. Use this tool to calculate the correct valuation under the Lower of Cost or Market (for LIFO) and Lower of Cost & NRV (for FIFO) rules.
