Houston Chronicle

Example of FIFO Goods

The first-in, first-out inventory (FIFO) system works by assuming that items are pulled out of inventory in the same order that they get put in. Moving older stock first can increase your company's ...

Why a Pro Organizer Swears by the FIFO Method—and You Will, Too

This no-brainer technique will help you stay organized and save money. Learn how to use it in your everyday life with these ...
Hosted on MSN

FIFO vs. LIFO Inventory Valuation

First In, First Out (FIFO) The first in, first out (FIFO) method assumes that the first unit making its way into inventory–the oldest inventory–is sold first. For example, let's say that a bakery ...
Homes and Gardens on MSN

I Tried the FIFO Trick: It's My Secret to Staying Organized in the Holidays

So far as time-saving tips go, the FIFO Method might seem too simple, but it drastically cuts down time searching through ...
The Motley Fool

What FIFO Is, and Why Congress Just Killed It

Here's why lawmakers moved to take out a costly provision in its initial tax-reform package. Tax reform efforts have been fast and furious in recent months, and with both the House of Representatives ...