Jeff is a writer, founder, and small business expert that focuses on educating founders on the ins and outs of running their business. From answering your legal questions to providing the right ...

FIFO (first in, first out) and LIFO (last in, first out) are inventory management and accounting techniques designed to add consistency to the sales and accounting functions of business ...

GAAP permits the use of LIFO and FIFO. Though the LIFO inventory method does require a robust inventory management system to track different inventory transactions, LIFO systems often require less ...

The company's software now allows first-in first-out inventory valuation methods. Fleetio stated this will improve parts cost tracking in a fluctuating market. Fleet maintenance software Fleetio ...

The Muse recommends an easy solution here that I can get behind: One day a week, use the time that you’ve blocked out for your email management to work in FIFO mode, going through your emails ...

Fleetio, a fleet maintenance software, has added new inventory valuation methods to its list of offerings, LIFO and FIFO (Last-In First ... parts and inventory management, inspections, VIN ...