stock take tu ape???

Stock-taking or inventory checking is the physical verification of the quantities and condition of items held in an inventory or warehouse. This may be done to provide an audit of existingstock valuation. It is also the source of stock discrepancy information.

Stock-taking may be performed as an intensive annual check or may be done continuously by means of a cycle count.^[1]

Steps for a successful stock take

1.    Clearly identify what stock is owned by the business and where it is.  Separate stock that’s been invoiced to a customer, but is still in the warehouse.  Likewise, stock received, but not yet recorded in the books should be distinguished.  Ensure stock held at different locations or on consignment basis is accounted for.

2.   Ensure the stock room is clean and tidy and inventory items are clearly laid out.  It may be appropriate for labels to be attached to shelves to clearly identify different stock; eg categorise inventory and label inventory not to be counted etc.  If relevant, give stock counters guidance in the way they should count, eg start at the top shelf and work your way down, while working from left to right.

3.  Tools for the stock take

→ Clip boards 

→ Stock sheets - do not include the current number of inventory on hand.  If inventory is barcoded, ensure barcodes are on stock sheets.

→ Write-off sheets – check the condition of the inventory.

→ Pens - the audit trail can be easily followed if the first counter uses a blue pen, second counter uses a red pen, and the sheets are submitted to the stock take coordinator who uses a purple pen.  

→ Calculators

→ Hand held scanners for bar-coded inventory

4. Discourage radios, mobile phones, iPods and idle chit chat as distractions can easily lead to errors.

5. Count every item of your inventory, don’t estimate. 

6. Check the physical count against accounting records and recheck discrepancies.  Make a note about variances and follow up where necessary.

7. Once the stock take has been finalised, update the inventory records in your accounting package.

 A well planned stock take will result in minimal disruption, accurate inventory records and provides a basis for making informed business decisions.

nak kena kira semua ni?? OMG!!!

Mrs.Bean..

nasib xkeja kat tempat cimini,kalau tak,confirm penguin yang kira aku!!maksudnya, ulat gonggok pun nak kena kira la?? ^_*

moral of the story :

--> sila jangan mula bertugas at the end of accounting period!!!

jalan ceritanya :

extraexcited nak buat stock take besok..motif???huhu...xde maknanya der.