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Read the latest Inventory Management software articles, news and reviews.

Perpetual vs Periodic Inventory: How Each System Records Purchases, Sales and COGS

Perpetual vs Periodic Inventory: How Each System Records Purchases, Sales and COGS

By Sherman Hsieh | Oct 30 2026

Perpetual vs periodic inventory compared: journal entries for purchases, sales, returns and COGS, a worked example, and what switching to perpetual takes. Read More

Inventory Costing Methods: FIFO, Average, Standard and Specific Identification in ERP

Inventory Costing Methods: FIFO, Average, Standard and Specific Identification in ERP

By Sherman Hsieh | Oct 30 2026

Inventory costing methods compared for US controllers: FIFO, average, standard and specific ID, IRS and GAAP rules, worked entries and ERP support. Read More

Goods Received Not Invoiced (GRNI): Accrual, Reconciliation and ERP Setup

Goods Received Not Invoiced (GRNI): Accrual, Reconciliation and ERP Setup

By Sherman Hsieh | Oct 28 2026

Goods received not invoiced explained for US controllers: the GRNI accrual, clearing account reconciliation, aging old receipts and ERP setup. Read More

COGS Journal Entry: Recording Cost of Goods Sold Under Perpetual and Periodic Inventory

COGS Journal Entry: Recording Cost of Goods Sold Under Perpetual and Periodic Inventory

By Sherman Hsieh | Oct 24 2026

COGS journal entry explained: perpetual vs periodic entries, freight-in, shrinkage and variance adjustments, a worked example and how ERPs post COGS. Read More

Serial Number Tracking: How to Track Serialized Inventory From Receipt to Service

Serial Number Tracking: How to Track Serialized Inventory From Receipt to Service

By Sherman Hsieh | Oct 13 2026

Serial number tracking for distributors and service firms: capture serials at receipt, shipping, warranty, RMA and repair, and how ERPs handle it. Read More

ABC Analysis in Inventory: How to Classify Items and Use the Results

ABC Analysis in Inventory: How to Classify Items and Use the Results

By Sherman Hsieh | Oct 13 2026

ABC analysis inventory guide: calculate annual usage value, set A/B/C cutoffs, link classes to counts, safety stock and buying, and how ERPs automate it. Read More

Lot Tracking Software: How It Works and How to Choose

Lot Tracking Software: How It Works and How to Choose

By Sherman Hsieh | Oct 12 2026

Lot tracking software compared: lot capture at receiving, FEFO picking, recall reports, and Business Central, NetSuite, Zoho, Cin7 and more with prices. Read More

Inventory Reconciliation: How to Match Physical Stock to Your Books

Inventory Reconciliation: How to Match Physical Stock to Your Books

By Sherman Hsieh | Oct 12 2026

Inventory reconciliation step by step: count to perpetual record, record to general ledger, causes of differences, adjusting entries and approvals. Read More

Purchase Price Variance: How to Calculate PPV and How ERP Systems Track It

Purchase Price Variance: How to Calculate PPV and How ERP Systems Track It

By Sherman Hsieh | Oct 12 2026

Purchase price variance explained: PPV formula, journal entries, receipt vs invoice timing, and how NetSuite, Business Central and Acumatica post it. Read More

Inventory Replenishment Software: Methods, Data Needs and Options for Distributors

Inventory Replenishment Software: Methods, Data Needs and Options for Distributors

By Sherman Hsieh | Oct 09 2026

How inventory replenishment software works for distributors: min/max, reorder point, lead time variability, supplier minimums and published prices. Read More