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A D - Loving Life

A D - Loving Life (Querist)
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23 November 2008 Give points that differentiate bin cards & stored ledger?

Ravikumar.G

Ravikumar.G (Expert)
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24 November 2008 Bin Card is also called as Cardex, Tag Card etc. The detailed information about the materials is contained in the Bin Card. Normally Bin Card Consists of the information like Qty Received, Qty Issued, Minimum Stock Level, Maximum Stock Level, Reorder Level, Re Order Quantity, Closing Stock, Opening Stock etc. Maintenance of Bin Card System is part of perpetual inventory accounting system.

Ravikumar.G

Ravikumar.G (Expert)
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24 November 2008 A record kept of the amount, type, etc., of raw materials and supplies on hand, as in a manufacturing plant.
Also called stock book, stock ledger, stock record.

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