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Anglo-Saxon Inventory valuation 💤

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Learn how to manage your inventory valuation according to the Anglo-Saxon method.

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1. How long does the cost of goods sold remain in the Balance Sheet?
As long as possible. Until the end of a working day. Until the goods are sold.
2. When is the cost of goods sold recognized in the P&L?
When a product is created. When the invoice is processed. When the cash is received.