About ending inventory value in the Tax Estimator

Tracking your inventory transactions carefully makes it possible for Money to provide you with more accurate tax estimates. Money uses your inventory transactions, including sales, inventory purchases, and other inventory adjustments, to estimate your ending inventory during the year. When you take a physical ending inventory count at the end of the tax year, you can also adjust your inventory records for any discrepancies.

The final ending inventory amount is used in calculating the cost of goods sold.