In manufacturing, everything depends on stock—raw materials, parts, and finished goods. If stock records are wrong, production slows, costs rise, and profits drop. This is why inventory accounting is essential for every manufacturing business.
What Is Inventory Accounting?
Inventory accounting tracks what comes into the plant, what is used, and what is left. It records stock at ... https://www.meruaccounting.com/inventory-accounting-in-manufacturing-businesses/