Inventory Valuation Methods

Inventory isn’t just product—it’s financial value on the shelf.
Our Inventory Valuation Methods service implements globally accepted accounting approaches such as FIFO (First In, First Out), LIFO (Last In, First Out), and WAC (Weighted Average Cost) for valuing inventory in your financial system. These methods impact your profit margins, taxes, and audit compliance—and we ensure they’re tracked accurately in sync with your Shopify operations.

We configure tools like Katana MRP, QuickBooks Commerce, Xero, or Airtable, or build custom tracking models in Looker Studio or Sheets based on the method selected and the scale of your store.
Because knowing your inventory value means knowing your true profit.

Grow

Included:

  • Initial consultation (up to 1 hour) to determine the best valuation method (FIFO, LIFO, or WAC) for your business size and region.
  • Setup of one valuation method for up to 50 SKUs using a single platform (e.g., Airtable or QuickBooks Commerce).
  • Basic configuration of valuation tracking fields and reporting templates.
  • Email & CRM-based support with standard priority (responses within 3–4 business days).

Not Included / Limitations:

  • No multi-location warehouse configurations or cross-region tax implications.
  • No advanced dashboards, forecasting, or automated reconciliation workflows.
  • Limited to online delivery only—no on-site implementation or training.

Advanced

Included:

  • Consultation (up to 2 hours) for choosing valuation strategies aligned with your tax and audit requirements.
  • Implementation of up to two valuation methods (e.g., FIFO + WAC) across up to 200 SKUs using tools like Katana MRP or QuickBooks Commerce.
  • Setup of basic reporting dashboards for inventory valuation monitoring in Looker Studio or Google Sheets.
  • Configuration of one automated reconciliation workflow for inventory and accounting sync.
  • Email & CRM-based support with priority response (1–2 business days).

Not Included / Limitations:

  • No unlimited SKU coverage—custom arrangements required for more than 200 SKUs.
  • No direct audit or tax filing representation—advisory is configuration-focused only.
  • Solutions are delivered online only by our remote team—no physical presence at your site.

Plus

Included:

  • Strategic planning session (up to 3 hours) to assess multi-warehouse, multi-region valuation impacts and reporting needs.
  • Implementation of up to three valuation methods (FIFO, LIFO, WAC) across up to 500 SKUs using platforms like Katana MRP, QuickBooks Commerce, or Xero.
  • Configuration of advanced dashboards with cost variance analysis and historical trend reporting (Looker Studio or Airtable).
  • Setup of two automated workflows for reconciliation and periodic valuation updates.
  • Monthly valuation performance summary delivered via email or CRM.
  • Email & CRM-based support with high priority (responses within 24 hours).

Not Included / Limitations:

  • No unlimited SKU coverage—custom scope required for stores exceeding 500 SKUs.
  • No representation for tax audits or accounting disputes—configuration only.
  • Solutions are delivered online only by our multinational remote team—no on-site services provided.
Service Plans:
$620.00
$620.00
Tax included.
8 Slots Available
Expert Consultation
All-In Solutions
Timely Support
Flexible Options
Professional Expertise
Happy Assurance
Focus on Efficiency & Growth

Unlock Key Benefits & Accelerate Your Growth

Save Valuable Time

Delegate complex tasks to our experts and free up your internal resources to focus on core business activities.

Increase Efficiency

Streamline your operations with optimized processes and reliable solutions, reducing manual effort and potential errors.

Drive Sustainable Growth

Leverage our expertise to enhance your store's performance, improve customer experience, and unlock new revenue opportunities.

Gain Peace of Mind

Rest assured knowing your Shopify store is managed and supported by certified professionals, minimizing risks and downtime.

Getting Started is Simple & Secure

Our Streamlined Process

1

Select Your Plan

Choose the service plan above that best aligns with your current needs and business goals.

2

Complete Secure Checkout

Easily finalize your service activation through our secure and encrypted payment gateway.

3

Grant Store Access via Shopify Partner

You'll receive an official request through Shopify to grant us secure, limited access to the necessary areas of your store. No password sharing is ever required, ensuring your store's security.

4

Work Commences Promptly

Once access is confirmed, our expert team immediately begins working on your request or implementing the service according to the agreed-upon scope and timeline.

5

Track Progress in Real-Time

Stay informed every step of the way. You'll receive access to our client CRM portal where you can monitor the status and progress of your tasks.

6

Receive Your Detailed Report

Upon completion, you will receive a comprehensive report detailing the work performed, key findings, results achieved, and any recommendations for future actions.

7

Resolution & Confirmation

We will notify you as soon as the service is completed or the issue is fully resolved to your satisfaction.

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