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inventory audit

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Category : Other Services
Item Id : 51508
Published date : 20/06/2019
Modified date : 21/06/2019
Viewed : 6 x
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New Delhi , Delhi , India

stock audit is a statutory process which every business institution needs to perform at least once in a financial year. As far the stock audit process is concerned, the process mainly involves the counting
of physical stock presenting the specified premises and verifying the same with computed stock maintained by the company. The reason and purpose behind executing this is to correct the discrepancies present in the book stock when compared to physical stock by passing necessary adjustment entries.

nitya
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