hazem_bekhet
Jul 12, 2009, 03:09 AM
What is the meaning of inventory write off
ROLCAM
Jul 12, 2009, 04:49 AM
The meaning of inventory write off is to
reduce the value of your existing inventory.
The obsolete stock can be put in the dust-bin or literally sent to the tip.
When valuing the left over inventory referred to as Closing Stock the write off is automatically taken care of.