INVENTORY AND COSTING

Inventory assets are goods or items of worth that a company plans to sell for profit. These items contain merchandise, raw production materials, and products that are either done or unfinished. Tracing and valuing your inventory are not a minor task for business owners. But it’s a duty that can have vast implications on your customer service, worth of your business, and precise planning of orders. Tracking and valuing inventory in accounting is crucial to good inventory-based business. Tax Wings International Pvt Ltd helps businesses with inventory accounting by tracking and valuing inventory. We deliver outsourced accounting services to both small and great businesses.

Our Inventory and Costing Process Overview

• Cost rolls
• Weekly & Monthly inventory reports
• PPV review
• Prepaid Inventory
• Dock to Stock
• Cycle count reporting
• COPQ reporting
• Gross Margin Analysis
• Cost of Sales Tie out