Enterprise glossary and term center
Research and understand all the intricate terms and definitions that surround the ecosystem of enterprise resource planning (ERP), enterprise software and no-code tools.
- Enterprise terms
- Finished Goods
- What is the finished goods ending inventory?
Finished Goods - What is the finished goods ending inventory?
Ending Finished Goods Inventory is the stock of products that are ready for sale but not yet sold. Before producing the products, calculate the basic costs of materials, direct labor costs, and overhead budgets to develop a budget for these goods.