Infromation regarding mall's or super market audit

Dear Friends,

                      Firstly i want to know how should i maintain the books of a super market where there is daily 1000s of transactions of purchase and sale ? If u or ur friends had done audit of any mall or super market then please share the experiance with me. I have the responsebility of one super market from its accounting entries to its final audit.

                      Secondly there is always one common question which confuses me when i think about different types business, that what will be the best way of maintaning accounting procedure of this type of business ? And are there any books or coaching where i'll get this information ?

Replies (2)

The most important thing in a super market is the inventory. So firstly the inventory audit is required. The second thing to go by is the Bank reconcilliation. This will help to draw the format of the Balance Sheet.

The vouching and verification of Sale, Purchase Direct and Indirect Expenses is required. One can also do the random check or the Sample check (like Sale invoice of above Rs.500 to be checked) depending upon the turnover and the client requirement.

Ledger Scrutiny of the Books on accounting software is also required.

 

Hope this helps.....................................:)

I agree with Shweta that in supermarkets major control has to be placed on inventory. There are a few softwares to maintain the supermarket accounting and they are Comcash POS software, GoldTech Retail Manger, Microsoft Dynamics GP, CounterPoint by Radiant Systems, NetSuite Multi-Channel Retail Management Suite etc. However, their licencing and usage in India has to  be checked. As a consultant you may also advice the management to place surveillance cameras.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details
Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details