Category: Bookkeeping

How to Void a Check: A Quick & Easy Guide

While we strive to provide a wide range of offers, Bankrate does not include information about every financial or credit product or service. Knowing how to use a voided check and what it entails is all part of managing your personal finances. Remember, a void check is a document that provides a means of sharing…

Net Realizable Value NRV: Definition & Calculation

Suppose a manufacturing company has 10,000 units of inventory that it intends to sell. On the accounting ledger, an inventory impairment of $20.00 would then be recorded. Hence with conservative method NRV of Account Receivable for IBM is $9 Bn. Learn how TranZact’s barcode inventory software can automate and improve… Companies must manage to stay…