Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

What is the best method to record transaction of accounting and why ? lifo or fifo or average !!

user-image
Question added by Iyad Ali , محاسب , مستشفى الهلال الاحمر
Date Posted: 2015/02/22
Babar ALi Mumtaz Ali
by Babar ALi Mumtaz Ali , Accounts Manager , Almousa Group

FIFO and Weighted Average is the best methods to record the stock values because these methods gives the more accurate picture about the stock value.

More Questions Like This

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.