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Sell ​​the item


There are several purposes in the store of goods. They need to make decisions on the quality of services they are willing to sell goods and willing to re-price, and the services they need to give customers, it is essentially a Wal-Mart http: // www at that famous department store .walmart.com / Target http://www.target.com/. It will be a discount that can touch service offering option setting in department store, high price and quality. Quality pricing is a customer service with discount sales. The target is the percentage of the discount store. They offer good customer service and products of high quality brand name. Because they sell nicely discounted and well-known materials, the target price is very competitive. The merchandising business makes their income by trading goods. Whether all merchandising companies wholesale or resale use similar accounting formulas. Because purchasing and selling goods make it an uneasy job, it is a difficult task for the retailer to manage. Accountings for merchandidng business compared to that of manufacturing industry is just about equal. The management of cash flow is important in the selling business will be the income and expenditure amount by the company. When the company can not pay their bills when needed, it is time to go from business. This is a very true sales business, stocks of goods called goods sales. It is known through trading commercialization projects that are likely to be normal, and we will conduct a sales cycle. First, business buys product inventory and pays it with either cash or credits and secondly, they are dangerous about the merchandising business for merchandise inventories for cash and credits they dyed, they actually do it To wait for some time before receiving money for this, however, this is not really a big problem. Proper management of cash flow, because they need to maintain funding of inventory (inventory items) until they are sold can be dangerous, Merchandy funding period will come, customers, products It is time from purchase of goods for inventory until purchase. This is also commonly referred to as cash gap. Therefore, if it takes 50 days to sell inventory and it takes 60 days to collect sales for it, the creditor's payment terms are 30 days, the financing period is the accounting period and the company is currently in cash, If you do not have available funds you will need to borrow money from creditors like banks. Md business experts and the politeness of the people at the telephone contacts are super-class clerre stores, Ltd. They specialize in selling to teens and young adults. They test what products are sold and which are not. Target A general low loan term also increases the time required for cash and credit due to ordinary payment and receipt. Sales of goods on Visa and MasterCard are considered to be cash sales, because they take money from the right purchaser's account. Generally in small shops Sales credit That credit trusts great sales from the bottom of my heart. Average amount of merchandise in stores etc, combine both. Cash flow is also not the sole concern of the merchandising business as it takes into consideration the profitability. Merchandising business is a very difficult task to manage profitability that reasons to sell goods at such a large price, they can have enough money left to make income Yes, it involves obtaining a decent margin and maintaining the appropriate level of operating expenses. To obtain an appropriate margin intention is decided by attaching appropriate value of goods and purchasing goods for fair price. To keep operating expenses going smoothly, you control the cost and rely on everything working properly. Management at an important time throughout the year, you need to compare its estimated budget to its actual one. For example, if the company uses 10,000 for purchasing goods, but if you estimate that you actually went through $ 10, 150 that you used a bit. But if you estimate that they will make $ 17,000 from profit, but actually you will make $ 19,000, it can compete. Companies may also not be aware that advertisements they are going to have if they have to look at the house if they also have to look at the houses, but they also use them as special as their premiums You need to pay attention. Another important aspect of the management system is to properly select the inventory system. Management should choose a couple of systems to get one or timely work. There are two basic systems used for accounting for this, they are a permanent and periodic inventory system. When using the inventory valuation system, a large number of records are kept for available quantities and the cost of individual items to be sold. This detailed system gives management a better chance of wanting or wanting the customer because the ones in stock have thought. The costs of individual items in this system are recorded in the item stock account, and when that item is sold, the costs are transferred to the sales account. However, in the periodic inventory system, items that are not on sale are checked frequently, but are usually checked toward the end of the accounting period. Inventory records are not retained throughout the accounting period. Inventory is accurate only for the balance sheet date. The reason why some retailers use this method is because it reduces office work. This method is acceptable for small business, but I do not know if it works too well for large companies. Bulk quantity or high volume but low quality sales items such as discount retailers usually support this method. On the other hand, companies that sell high prices, high quality but low quantity items such as jewelry stores tend to use a permanent inventory system. The main transactions of the merchandising business come from trading. Merchandising business uses assets, commodity inventory, accounts receivable. Merchandising business is very open to theft and fraud. The reason for this is that it is very easy to steal cash and inventory and that each day to track all the transactions of its difficult large companies so that's why it is common for merchandising businesses To maintain precautionary measures to protect their assets called internal internal controls, it is necessary to perform a physical inventory on both systems in order to maintain inventory control. This is the physical number of items currently available. This is sometimes difficult because there is a possibility that humans miscalculate. Product inventory is all items sold in the future. These include all items whether in the shelf box or now self. Ending stock is inventory that can not be sold, or inventory not intended to sell. These include damaged goods but it is common that they sell damaged goods at significantly lower price if they can harvest it, then a count for business usually takes at the end of the fiscal year When the business slows down like a lot of months or months. But they generally do this when their shop is closed, or sometimes on weekends. It is very common for companies to experience loss of goods from their employees. When using a regular system, there is no way to know how this happened, as product losses are automatically included in cost of sales. For example, if a company loses $ 2,000 during the accounting period, it is automatically included in cost of sales. However, in a permanent system, it is much easier to identify losses because the item inventory account is always updated with sales and return of goods. When the loss amount is calculated, the item stock account is updated.

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