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write off inventory

write off inventory

An accounting term for the formal recognition that a portion of a company's inventory no longer has value. An inventory write-off may be handled in the company's books by charging it to the cost of goods sold or by offsetting the obsolete inventor

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write off inventory 相關資訊

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  • Writing off inventory means that you are removing some or all of the cost of an inventory ...
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  • An inventory write off journal to reduce the value of the inventory of a business. The inv...
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  • A write-down in a company's inventory is recorded by reducing the amount reported as i...
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