0 of 0
About this mod
As an accountant in Skyrim, it is up to you to help these merchants manage their books.
- Permissions and credits
So, you want to help out the merchants of Skyrim and choose an inventory valuation method for them? Great, all you've got to do is walk up to their books and begin accounting.
You are allowed to use FIFO and LIFO, but there is a condition. To choose LIFO, you must be in the Thieves Guild, since choosing this option is so obviously criminal. If you are in the Thieves Guild you will still see both options, because not even a scumsucker in that guild should be required to commit such a heinous crime.
Here's the thing, guys, LIFO should be illegal. Oh wait, IFRS already says it is.
"But BitsOBacon, GAAP says it's okay! Think about the tax savings!"
No. Here's why.
The Jarls of Skyrim need that tax money to build roads, to fight wars (there's a pretty damn big one raging as we speak, if you haven't noticed), and to defend against the ever-present threat of dragons, and they need it now. No more time value of money tricks, and no more misleading shareholders. Inventory costs rise, and, if we're being honest, there isn't a vendor in all of Tamriel whose physical inventory flow follows LIFO. Why should we allow it for external reporting? If you really think some fat cat who already owns his store and has crazy margins (like 2000% in my experience) is more important than all that, then so be it - the option is there for you.
If you wish to argue LIFO, I'll be in the comments.
(This mod only works if you are not currently undertaking the forge books quest given by the Thieves Guild)
You are allowed to use FIFO and LIFO, but there is a condition. To choose LIFO, you must be in the Thieves Guild, since choosing this option is so obviously criminal. If you are in the Thieves Guild you will still see both options, because not even a scumsucker in that guild should be required to commit such a heinous crime.
Here's the thing, guys, LIFO should be illegal. Oh wait, IFRS already says it is.
"But BitsOBacon, GAAP says it's okay! Think about the tax savings!"
No. Here's why.
The Jarls of Skyrim need that tax money to build roads, to fight wars (there's a pretty damn big one raging as we speak, if you haven't noticed), and to defend against the ever-present threat of dragons, and they need it now. No more time value of money tricks, and no more misleading shareholders. Inventory costs rise, and, if we're being honest, there isn't a vendor in all of Tamriel whose physical inventory flow follows LIFO. Why should we allow it for external reporting? If you really think some fat cat who already owns his store and has crazy margins (like 2000% in my experience) is more important than all that, then so be it - the option is there for you.
If you wish to argue LIFO, I'll be in the comments.
(This mod only works if you are not currently undertaking the forge books quest given by the Thieves Guild)