Better Homes & Gardens on MSN

Why a Pro Organizer Swears by the FIFO Method—and You Will, Too

This no-brainer technique will help you stay organized and save money. Learn how to use it in your everyday life with these ...
Houston Chronicle

How to Determine the Value of Inventory Using FIFO

Determining the value of inventory is an important part of accounting. In order to calculate the profit on a sale, a cost must be assigned to the item sold. A business that is selling large amounts of ...
Homes and Gardens on MSN

I Tried the FIFO Trick: It's My Secret to Staying Organized in the Holidays

So far as time-saving tips go, the FIFO Method might seem too simple, but it drastically cuts down time searching through ...
Houston Chronicle

How do I Change From LIFO to FIFO?

There are two methods of accounting for inventory that affect a business's reported profits and taxable revenues: FIFO and LIFO. FIFO, first-in first-out, keeps the first inventory stocked on the ...