Guides

Notes on the parts of retail accounting and inventory that are easy to get subtly wrong — the ones where the number looks reasonable and is not.

Sep 3, 20264 min readAccountingPakistan

The SECP / ICAP fixed assets schedule, column by column

The statutory note most small companies rebuild by hand every year — what each column is for, and the two rules that make it tie to the accounts.

Sep 3, 20262 min readAccountingTax

The entry looks simple and is routinely got wrong. Here is why a payment with withholding involves three separate figures.

Sep 3, 20262 min readAccountingManufacturing

Four inventory accounts and three cost-of-sales accounts, and why a retailer benefits from the same structure.

Sep 3, 20262 min readInventoryCosting

The method is four lines of arithmetic. The value is in knowing when not to apply it.

Sep 3, 20262 min readInventoryAnalysis

Dead stock is money on a shelf. The hard part is not spotting it — it is deciding what it is now worth.

Sep 3, 20262 min readAccountingBank reconciliation

A bank reconciliation is an identity, not four independent sums. Here is what makes it hold.

Sep 3, 20262 min readInventoryReporting

Four pairs of numbers that should add up, and the three valuation rules that decide whether they do.

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