Location information on an item is also available to the salesman, through a comprehensive location system. All of these features combine to help the salesman service the customer in an informed and timely manner. Financial At the heart of the financial system is the general ledger. The inventory system calculates cost of goods sold, profit margin, costs of inter-warehouse transfers, and cost of adjustments in physical counts. This along with other information is included with the general ledger data.
Inventory is usually the most significant asset of the distributor, wholesaler, or retailer.
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