Glossary

Book Inventory

Book Inventory

Did you know it is not ideal for you to organize your financial books by the Dewey Decimal System? It’s true! Use literally anything else.

In this definition, a book refers to bookkeeping, as in a ledger of items, and not a book like a novel.

Book Inventory refers to a particular inventory reported in the books or through a bookkeeping system.

This is commonly just for an on-hand inventory vs. total availability.

Anyone who has worked retail and performed a store inventory knows the pain book inventory can bring. It’s 2 am. Please, just let me leave.

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