topic My wife has a home sewing business how do you determine the inventory cost of sold goods Do I have to measure all the fabrics she has to determine the inventory left in Business & farm https://ttlc.intuit.com/community/business-taxes/discussion/my-wife-has-a-home-sewing-business-how-do-you-determine-the-inventory-cost-of-sold-goods-do-i-have/01/665446#M26428 Thu, 06 Jun 2019 09:56:23 GMT angel-menendez1 2019-06-06T09:56:23Z My wife has a home sewing business how do you determine the inventory cost of sold goods Do I have to measure all the fabrics she has to determine the inventory left https://ttlc.intuit.com/community/business-taxes/discussion/my-wife-has-a-home-sewing-business-how-do-you-determine-the-inventory-cost-of-sold-goods-do-i-have/01/665446#M26428 Thu, 06 Jun 2019 09:56:23 GMT https://ttlc.intuit.com/community/business-taxes/discussion/my-wife-has-a-home-sewing-business-how-do-you-determine-the-inventory-cost-of-sold-goods-do-i-have/01/665446#M26428 angel-menendez1 2019-06-06T09:56:23Z Ideally, you would measure it exactly BUT if you cannot r... https://ttlc.intuit.com/community/business-taxes/discussion/ideally-you-would-measure-it-exactly-but-if-you-cannot-r/01/665449#M26429 <P>Ideally, you would measure it exactly&nbsp;<B>BUT</B> if you cannot recreate the exact cost, as long as you have a conservative estimate and can back up that estimate, I would use that.</P> Thu, 06 Jun 2019 09:56:24 GMT https://ttlc.intuit.com/community/business-taxes/discussion/ideally-you-would-measure-it-exactly-but-if-you-cannot-r/01/665449#M26429 LeeM 2019-06-06T09:56:24Z