Remove Accounting Remove Grocer Remove Retailing Pricing Remove Wholesale
article thumbnail

5 Inventory Costing Methods to Consider When Valuing Your Stock

Retail Times

What are the different inventory costing methods in retail? The retail method. The traditional way of handling accounting is known as the retail method , a process in which you estimate the value of your ending inventory by factoring in the cost to retail price ratio. Let’s say you’re a grocer.

Grocer 64