Heartburn or something else? Heartburn-like pain is a common symptom of gastroesophageal reflux disease (GERD). But several other conditions can cause a burning feeling in your chest. Most of the time, your doctor will be able to identify whether you have heartburn or GERD by doing tests.
Par-level balancing, or inventory level balancing, is the process of matching stock levels to actual demand. Instead of using gut-feeling logic to determine the right amount of supplies, par-level balancing uses actual consumption data.
Retail Accounting vs. Cost Accounting. Inventory management is an important aspect of every retail business. To maximize profits, companies need the right amount of inventory items at all times. Inventory count determines both inventory shortages and the amount of inventory on hand at any time. In accounting, a business must establish the cost basis of this inventory. Cost accounting is a more conservative inventory valuation method that values inventory based on its cost. Retail accounting, on the other hand, values inventory based on items' retail price.