Inventory Management

Year-End Accounting for Direct Sales

It's that time again—the dreaded time of year when the feeling of overwhelm kicks in and you have to find time to scour all of your accounts for any transaction that could conceivably have been an expense for your direct sales business. But if you follow our simple three-step, 15-minute process throughout the year, [...]

Accounting for Giveaways, Demo Products and Personal Use of Inventory

If you're in direct sales, network marketing, or own a home-based business (which you are, or you probably wouldn't be reading this right now????) and hold inventory for resale, I'd guess you've had times when you've given products away to incentivize bookings, larger party sales or team members to hit a goal. And if [...]