Workshop 02 | Cost Accuracy for Inventory - Virtual

Cost Accuracy for Inventory Workshop | 4/2/2026
If your inventory costs aren’t accurate, your profits aren’t either. When stock arrives before the vendor’s actual invoice, your team is forced to estimate costs—leading to incorrect item valuations, missing landed costs, and financial reports that don’t reflect reality.
This workshop gives your team the knowledge and process control needed to eliminate these inconsistencies and strengthen every part of your costing workflow.

In this practical, step‑by‑step session, you’ll learn how to:

• Match purchase orders to vendor bills with confidence
• Correctly update item costs when final pricing arrives
• Capture additional landed costs (freight, duty, fees, surcharges)
• Maintain accurate margins for true profit reporting
• Prevent common errors that distort your financial statements

With clear instruction and real‑world examples, this workshop empowers you to ensure your inventory costs truly represent what you paid—so you can trust your reporting and protect your profitability.
Perfect for: Businesses struggling with delayed vendor invoices, incomplete cost entries, or inaccurate profit calculations.