GLOSARIO EMPRESSARIAL MANAGEMENT | Page 19

 Control inventories according to rotation indicators and management methods. Inventories are the important part for commodity accounting systems because inventory selling is the heart of the business. The inventory is generally the largest asset in its balance sheets, and inventory costs, called cost of goods sold, are usually the largest expense in the income statement. Inventario ( inicial) Inventoty ( initial) Compras Purchases Devoluciones en compra Returns on pucharse Gastos de compras Pucharse expenses Ventas Customer service Devoluciones en ventas Returns on sales Mercancías en tránsito Merchandise in transit Mercancías en consignación Consignament goods Inventario ( final) Inventory (final)