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Inventory Write-Offs

PostPosted: Tue Jan 08, 2019 8:52 pm
by CTB
Yaaayyy 2019!!! Now if I could just get done with 2018...! A question: What's an acceptable percentage of total inventory to be written off at year end? Mine seems kinda high but it's actually 2.17%. Does this sound reasonable?
Thanks & Go Cowboys!!!

Re: Inventory Write-Offs

PostPosted: Tue Jan 15, 2019 7:59 pm
by MSInventory
I believe 2% would be a good guide, so what you have sounds fine. A lot of stores and groups that I count use 3% +/- for a physical inventory swing acceptable.