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He's tracking money in and out, not so much an inventory count I think. It's vintage sports cards.
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Thank you for the article. In my case, client has an excel sheet listing the items sold and a separate tab the items bought. Not sure if this is considered "tra...
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I understand. But do you know if there's an exception for small businesses like Tax Guy Bill suggested above?
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What about deducting when purchased even though not sold?
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I'm not sure that "conforms to your financial accounting treatment of inventories" means deducting when purchasing. Here's another link I could find on this. I ...
