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FIFO and LIFO Methods of Inventory

[fusion_text]FIFO (first-in, first-out) and LIFO (last-in, first-out) are the most common inventory valuation approaches used by business enterprises to account for the value of items sold. FIFO: This approach involves accounting for the value of inventory a company receives first when items are sold. It…

Benefits and Drawbacks of Cloud-Based vs. Traditional ERP

[imageframe lightbox=”no” style_type=”none” bordercolor=”” bordersize=”0px” borderradius=”0″ stylecolor=”” align=”none” link=”” linktarget=”_self” animation_type=”0″ animation_direction=”down” animation_speed=”0.1″ class=”” id=””] [/imageframe][fusion_text] When it comes to determining the best options for ERP systems and how they best facilitate the back-office functions that can certainly help your business function with the greatest…

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