• I want to thank all the members that have upgraded your accounts. I truly appreciate your support of the site monetarily. Supporting the site keeps this site up and running as a lot of work daily goes on behind the scenes. Click to Support Signs101 ...

Track Vinyl inventory?

jchristians

New Member
Wondering if you all do this for year end reporting purposes? Needed? I have no idea how you'd be accurate on this!
 
At the end of the year we count all unopened boxes. If any rolls were freshly opened and above 70% left, we count those as full rolls also. Everything else gets counted as used. This makes it easy for us. Everything is accounted for one way or another. Either a full roll used or a full roll unused.
 

Suz

New Member
Yes, we do check to see what we have "on hand" at the end of each year and report that when we file our annual tax returns.
 
Top