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  • Managing inventory for increased profitability

    Most people keep a pretty good eye on their cash. Generally, they don't leave it laying around, gathering dust, not put to use, uncontrolled. In the business world, inventory and cash, from an accounting standpoint, are pretty similar, both being considered assets. Yet, many businesses think of...
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  • Do you have too much inventory?

    Ask most most manufacturing, retail or distribution businesses to list their top challenges and inventory management and control – specifically having the wrong or too much inventory – is always near the top of the list. There are numerous reasons businesses end up with too much inventory...
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The Latest

When QuickBooks just isn’t enough: ACCTivate! in Action with Teko® Socks

Founded in Boulder, CO in 2004, Teko LLC built their company around the idea of making premium performance outdoor socks with the least possible environmental impact.  Today, Teko still “strives for balance between people and planet,” with  sustainability driving every aspect of Teko, from product sourcing through production and packaging,... Read more...

Multi-currency software: The key to going global

According to the World Trade Organization (WTO), world merchandise exports increased by 22% in 2010. Per the UK’s Office for National Statistics, as of Oct 2011, exports were valued at £25.5bn, up 0.6% from July and the highest level since monthly records began in 1998 Every day US$1.4 billion of bilateral trade crosses the U.S.-Canada border,... Read more...

Landed Cost: Definition, calculation & benefits

The ability to source products from around the world offers businesses opportunities to reduce costs and increase product availability, potentially resulting in strategic and profitability gains.  However, the opportunity also brings the challenge of accurately calculating true cost and profitability analysis. Landed cost is the process of capturing... Read more...

Track serial numbers easily & with great flexibility

The ability to track serial numbers & lot numbers is important for manufacturers & distributers who need to track items for variety of purposes including quality control, service management, warranty management, product recalls and as a theft deterrent.   What is a serial number & a lot number? A serial number is a unique number assigned... Read more...

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