Managing Costing Methods with Accounting Software [FIFO and Average Cost]

Inventory Cost Methods

Any wholesale distribution business that buys and sells inventory knows the importance of assigning the right dollar value to the inventory items – especially in an industry where large quantities of product are sold at a time. Inventory costing methods can vary from business to business depending on the unique needs of the company. In … Read more

Managing Pricing Rules in Blue Link’s Accounting Inventory Software

Pricing Rules with Blue Link ERP

Setting prices, maintaining margins, keeping customers happy, managing discounts and promotions – a company’s pricing strategy is a complicated yet imperative part of business management. Using accounting inventory software such as Blue Link will provide tools for managing different pricing rules and strategies, to help automate the process of maintaining and updating price. However, the … Read more

Pricing Software for Distributors

Distribution Company Pricing Tools

A recent article in Industrial Distribution Magazine, Stuck in the Middle, outlines the importance of pricing for distributors. The article specifically addresses the need to manage your margins to ensure maximum profitability – for which the appropriate software can be a big help. A number of factors can impact your bottom line and it is … Read more