Practical accounting guides for businesses. Understand your numbers, organize stock and collections, and bring more clarity to everyday decisions.
Assess a loss-making supply contract by comparing fulfilment and exit, identifying relevant costs and avoiding double-counted asset and provision losses.
Read the guide: Onerous Supply Contracts and Purchase CommitmentsTwo cases distinguish sales with return rights from consignment dispatches, explaining revenue, refund liabilities and rights to recover products.
Read the guide: Returns, Consignment and Principal-Agent JudgementsWhen should goods revenue be recognised? Practical questions about invoices, advances, delivery and period-end cutoff, with a two-month sales example.
Read the guide: Control of Goods and the Timing of RevenueExplore sales, purchasing, inventory and accounting in WaliERP, then discuss the tools that fit your business.
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