Auditing

This query is : Resolved 

24 October 2009 How to verifying the stock audit and purchase and sales bills

24 October 2009 Purhcase bills and sale bills with that of purhase orders and sales orders and sales tax returns.

Stock to be verified with stock register and also with statements submitted to banks if any.

Based on the stock register find the minimum level, maximum leve, reorder quantity etc and find out whether the same is reasonable considering the turnover.


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