stock audit
This query is : Resolved
priti garg
(Querist)
08 April 2009
We have to conduct stock verification at a running shopping mall. Can any body suggest me as to how to proceed for the same, since the verification will not be completed in a single day and the stock movement is very high at all the time of the day.
CMA Shrikant
(Expert)
08 April 2009
When in the stock verification product movment is high, it becomes critical to do the Inventory Audit. But first of all you categories all product as highly costed, Medium & low Costly product. Then you first shot to the high costly product & then other, because the high costly product will be more impact on inventory valuation.
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