Inventory Meets Accuracy

Inventory is the heartbeat of any product-based business. Whether selling through an online store, a marketplace like Amazon, or managing a mix of platforms, keeping accurate inventory records is essential—not just for operations, but for the health of your books. When inventory and accounting aren’t in sync, it’s easy to miscalculate profits, misprice products, or run into tax issues. I help clients bring clarity to this often-overlooked part of bookkeeping.

Accurate inventory tracking starts with understanding cost of goods sold (COGS). Every time a product is sold, a portion of inventory value needs to be moved from assets to expenses. If this step is skipped or estimated incorrectly, the profit and loss report becomes unreliable. I work with systems that automate this process, ensuring each sale reflects the true cost behind it. This makes margins accurate and helps business owners understand what’s actually driving profits.

I also focus on aligning inventory counts with real-time data. Many eCommerce sellers rely on spreadsheets or manual updates, which can quickly become outdated. I encourage using inventory management tools that integrate directly with accounting software. This reduces the chance of stock discrepancies and ensures that both financial records and inventory reports are always current. For growing businesses, this kind of accuracy is key to scaling without chaos.

Another important piece is managing inventory-related expenses—shipping, packaging, and storage fees all need to be recorded properly. These aren’t just operational costs; they affect the true cost of selling each item. By breaking down these expenses clearly, I help clients understand how much they’re really making on each product. It’s not just about selling more—it’s about selling smarter.

When inventory meets accuracy, the entire business becomes more efficient. There’s less waste, fewer surprises, and more confidence in financial decisions. I make sure that inventory is reflected correctly in the books, giving business owners a clear view of where they stand—and how to move forward with confidence.