INVENTORY

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Empanelment for preparation of manual on financial management of AIIMS


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Experts Opinions

Set off of inventory


If an fictitious inventory is showing in the books of accounts then how we set off that inventory The inventory is in the form of Iron ore when any metal is in process or finished the remaining dust p

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Inventory maintain


Dear Sir I have working in PVC pipe manufaturing Co its a Exciseble unit the company return file by meter 1 item not fix meter example 50 mm pipe sale 3 meter some time 50 mm pipe sale 6 meter some ti

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Error in accounting inventory & asset


Sir Madam There was an issue of goods in FY 2011 12 and the treatment in books for this goods was Capitalized into one of the Asset class in that particular FY Later on this asset goods was return to

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Error in accounting inventory & asset


Sir Madam There was an issue of goods in FY 2011 12 and the treatment in books for this goods was Capitalized into one of the Asset class in that particular FY Later on this asset goods was return to

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Inventory valuation


Dear expert While calculating the cost of conversion in inventory valuation fixed overheads are valued on normal basis even when actual output is less than normal capacity Why not on actual basis Wher

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Discussion

Kalculate accounting inventory software

Kalculate is trustful worlds first Financial Accounting Software on Linux and its software provides Accounting Inventory Sales Purchase automation to users in a Secure virus free Friendly easy to adap

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Valuation methods of inventory

Dear Experts Can u pls clarify the valuation methods of inventory as per accounting standard What about the methods of LIFO HIFO NIFO some notional methods Simple average method periodic moving simple

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Inventory consumption

Someone please tell me how to do the check on consumption of inventory every month how to check the actual consumption and ERP data Please help

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Calculate average inventory

In costing ECONOMIC ORDER QUATITY we find carrying cost of R M by Avg stock x Carrying cost p u p a we calculate Avg Inventory of material by op stock cl stock 2 or Taking Avg of Stock every month and

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Inventory consumption entry in tally

I am working in a catering company andi am facing probloem with passing the entry of spices in inventory Details is given below 1 Spices e g Haldi purchased from ShopA by chq payment 2 Spices grinded

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  • CPT- Inventories

    Conceptual problems to give complete knowledge about Inventories chapter from first page to last page I give first priority to concepts Thanks

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  • Ind AS 2

    Inventory

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  • Inventory FIFO Calculation

    The major problem of SAP is Stock cannot be maintained at FIFO Basis I created this formula to calculate Stock at FIFO Basis through Purchase register

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  • Accounting Standard - 2

    AS 2

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  • MIS inventory

    Slow non moving stocks

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Articles

Material Procurement - Inventory levels & EOQ


Material Procurement Inventory Levels EOQ An important function of Stores is to requisition materials for replenishment The following tools help Stores to maintain required inventory and to guide on r


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Provision for Inventory


Write down and do not write off Inventory Review of the Rule 3 5B of Cenvat Credit Rules 2004 Change of models customer requirements change of processes poor inventory management can increase a busine


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Inventory Valuations and Board of Director's Responsibility


INVENTORY VALUATIONS AND BOARD OF DIRECTORS RESPONSIBILITY 2011 12 ONWARD UNDER NEW COST ACCOUNTING RECORD RULES 2011 Inventory valuation is one of the most important task in the accounts finalization


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Inventory write downs vis-a-vis Rule 3 (5b) of CCR


Inventories are measured at the lower of cost or net realizable value NRV If the NRV falls below the recognized costs pf an inventory item the respective inventory items must be measured Inventory wri


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A brief Note of Inventory Valuation


Valuation of closing stock requires consideration of Income Tax Cenvat Accounting Standards and Company Law Stock should be valued at cost or market value whichever is lower as it is a prudent busines


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Updated on : 12/27/2015 5:38:07 AM


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