Physcal Stock Verification Procedure
This query is : Resolved
Sunil Kumar
(Querist)
08 April 2009
Hi Friends,
This is sunil from delhi. & can someone help me ? what is the procedure of physical Stock Verification
This is sunil from delhi. & can someone help me ? what is the procedure of physical Stock Verification
08 April 2009
Please check Query answered by me in expert section.
08 April 2009
Here is the link:
https://www.caclubindia.com/experts/experts_message_display.asp?group_id=160151
https://www.caclubindia.com/experts/experts_message_display.asp?group_id=160151
08 April 2009
u should verify the stock physically with computer stock
i mean they will be maintaining stock in a system na
so take the print out
if possible do 100 % or else do random verification ( high rate values , high quantity stock lik this )
for eg u find 10 items in statement n physically u find 12 items - it means excess 2 items
u find 10 items in statement n physically u find 7 items - it means short 3 items
lik this u should conduct the stock verification
i mean they will be maintaining stock in a system na
so take the print out
if possible do 100 % or else do random verification ( high rate values , high quantity stock lik this )
for eg u find 10 items in statement n physically u find 12 items - it means excess 2 items
u find 10 items in statement n physically u find 7 items - it means short 3 items
lik this u should conduct the stock verification
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