Dear
I have a question about inventory.
I am a beautician. Do I only need to enter the products that have not been sold in the inventory, or does that also include the products I use to provide services (such as cotton wool, nail polish, sugar wax, etc.)?
Google says: Inventory consists of goods that are available for production, sale or delivery. These goods all have a value and must be recorded in your accounts and on your balance sheet. Goods that are already in use for production are also included in your inventory.
You really should try it out for yourself. Even if you don’t have a company number yet, you can already go ahead.
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