Guide to inventory
Inventory management is more than just knowing what’s been sold and what you’ve ordered. Find out what else is involved.
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Successful inventory management
Learn the strategies and techniques behind successful inventory management. And be smarter in how you buy, count and value your inventory.
- What is inventory?
Your inventory is one of the most important purchases you’ll make. It’s the reason you’re in business.
- Types of inventory
Inventory comes in many forms. Understanding the types will help you identify it for valuation and management.
- Inventory management
A complete overview of your stock will help your business run smoothly and profitably, so where do you start?
- Inventory accounting
Stock can be a big expense, and a big earner, so it pays to stay on top of the numbers.
- Inventory management systems
You know inventory is vital to a healthy business. So let’s look at some systems for efficient stock management.
- Inventory management software
Inventory management software may give you the extra time you need, or the ability to take things to the next level.
- Tools and guides for your business
Now that you’re in business, you want to stay there. Xero’s got resources and solutions to help.
Why Xero knows how to manage inventory
Xero is home to millions of small businesses, who use our software to run their finances and accounting. About 200,000 accountants and bookkeepers use us too. We asked some of those owners and experts how to manage inventory, then put their insights into this guide.
Handy resources for small businesses
Managing inventory is a key part of running a successful small business. You might also find these other resources helpful.
Cash flow forecast template
Use this template to find out how much money you’ll have in the bank next week, next month, or even next year.
Guide to growing your business
Learn what goes into growing a business and get ideas to help you take the next step.
Business continuity plan template
You can’t avoid business interruptions but you can be prepared for them with our template.
How accounting technology de-stresses finances
If you feel overwhelmed by small business accounting, then join the club:
- Half of businesses struggle to find time for things like financial admin
- 70% run out of cash at some point
- Hundreds a day turn to accounting technology for help
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