If the buyer makes a quick payment within the mentioned credit period, the seller offers an additional discount on the pre-decided invoice price (that may or may not be net of existing trade discount). Quantity discounts are offered to customers who purchase large quantities of a product or service. For example, a supplier may offer […]
Archivio Categoria: Bookkeeping
You will have access to a single, intuitive platform designed to provide real-time visibility into your retail supply chain, so that you can track your inventory levels and avoid unnecessary overstocking. You must take several factors into consideration before committing to a storage solution, so be sure you consider these crucial features when evaluating a warehousing or storage […]
Perishable or trendy inventory has a higher obsolescence risk than nonperishable or staple items. Supply chain management, or SCM, is a key aspect of producing goods and services. It coordinates every step of the process, recording the details of each aspect to create a picture of the supply chain and improve or maintain its efficiency. […]
Since $3,000 (60% of $5,000) idle time pay will be incurred even if this order is not taken, the relevant cost is the incremental cost of $2,000 ($5,000 – $3,000). As these materials are not available in stock, these will have to be purchased at the market price which is their relevant cost. Non-Cash ExpensesNon-cash […]