Inventory

Meaning

Inventory are goods that you have available for sale in your business, as well as the raw materials used to create these goods.

Key points

• Inventory appears frequently in invoicing, payment handling, and bookkeeping workflows.
• The term improves clarity between clients, suppliers, and accounting teams.
• Consistent use supports cleaner documentation and better reporting quality.

Practical use

In Nexbal workflows, inventory is used to keep invoice and payment operations structured and auditable.