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Inventory valuation refers to how you value your stock. It’s a very important aspect of a business as inventory can be the biggest asset of a company. #odoo14 #odooinventory #odoo An inventory valuation of a company helps to know the monetary value for items in their inventory. To ensure reliable financial records on inventory reports, […]
Having a precise inventory valuation is critical on the grounds that, it is the reported measure of the stock or the inventory that influences the expense of goods sold, the net profit, and the overall gain on the income statement. Also, the accurate inventory valuation measures the current resources, working capital, investors’ or proprietor’s equity […]
