I learned that from CFO who taught at Joske's Executive Training classes where I got an associates in Retail Management and Merchandising back when God was a baby.
Jaime Solorza On Dec 28, 2017 12:33 PM, "Lewis Bergman" <lewis.berg...@gmail.com> wrote: > That is slightly illegal, but I like the way you think. It sounds as > though Chuck is on a cash basis for taxes. > > On Thu, Dec 28, 2017 at 12:35 PM Jaime Solorza <losguyswirel...@gmail.com> > wrote: > >> Take loss or shrinkage at retail and not at cost. >> >> >> Jaime Solorza >> >> On Dec 28, 2017 11:13 AM, <ch...@wbmfg.com> wrote: >> >> 324 Individual part numbers >> >> 408,062.69 individual parts (some of it is measured like feet, or sticks >> or sheets) >> >> We have a bit of a party. Break it down so everyone has a portion of >> things to count. >> Got mine done... >> Part counting scales make quick work of small parts. >> >> The goal is to not have the value of the inventory go up year over year. >> Have to pay income tax on any increase. >> >> >>
