#inventory
Inventory tracking, valuation, and management for businesses
A COGM schedule turns raw materials, direct labor, and overhead into a real COGS — plus the WIP counts and Section 263A UNICAP limits that decide margin.
Section 471(b) lets US retailers deduct estimated shrinkage without a year-end count — a three-year shrink-to-sales ratio times stub-period sales, on Form 3115.
Donuts cost cents to make, yet profit leaks through 4 a.m. labor, fryer oil, and day-old waste — track each line to hold food cost under 30%.
Flipping furniture is a Schedule C business, not a hobby: deduct per-piece COGS and 2026's split IRS mileage rate; expect no 1099-K under $20,000/200 sales.
Split dojo income into six revenue lines — dues, testing, pro shop, privates, camps, parties — and carry prepaid tuition as deferred revenue, not income.
A single return costs 20-65% of the item's value. US sellers cut the loss with tiered fees, exchanges-first policies, and ASC 606 refund accounting.
Powder runs $0.25 per square foot at 50% transfer efficiency — quote from that floor, allocate oven energy per cure, and reserve 2–5% of revenue for redos.
Stores with self-checkout post shrinkage 33% higher than stores without it, per the 2026 ECR study — book shrink in its own account to price the trade honestly.
Zero-proof spirits cost as much as full-proof at wholesale with no well tier — price by value, cost every build, and bank January's surplus.
Kombucha hitting 0.5% ABV at any point — even in the bottle — becomes a TTB-regulated alcohol beverage: Brewer's Notice, formula approval, federal excise tax.
Refill shops lose 3–8% of revenue to shrink. Weigh vessels weekly, ring deposits as liabilities, and track margins by category to keep every ounce.
Purchased alpaca breeding stock depreciates over 5 years (Section 179 eligible); raised crias have zero basis. Grade fleece by micron and file on Schedule F.
