Tenny Thomas (Technical Associate) (87 Points)
12 August 2011Hi,
What are the procedures of physical stock verification and stock reconciliation of discrepancies?
Thanks in advance.
CA Kumar Mukesh
(CA CMA FINAL and Advance Excel Trainer)
(6876 Points)
Replied 12 August 2011
first you should go in store departments & check some items (high value ) with gate inward & outward register check monlty closing balance with books of accounts & also with form 4 for consumption
CAclubindia
