Whereof really depends on the success of the physical inventory?

Question added by Nadjib RABAHI , Freelancer , My own account
Date Posted: 2016/02/08

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by Mohamed ali , Inventory Controller , United Yousuf M Naghi Co. Ltd (LG SERVICE DIVISION)

i think it depends on initial stage itself .... it means Planning stage

1. selection of items

2. selection of samples.

3.time management

4.understanding the location of inventory

by Muhammad Aezaz Ali Mirza , Assistant Manager , Ernst & Young Ford Rhodes Sidat Hyder Chartered accountants & co

Mr. Nadjib, can you please elaborate the question?

Is physical inventory impossible or impractical?
Top Answer: Accourdign to my views physical inventory cannot b imposible, this is because due to physical inventory y ... See More

Answers (1)
Physical inventory is not matching with the books of accounts, what should we do and how to adjust it?
Top Answer: It is a common phenomena in warehousing. But you need to address such discrepancies in two ways 1) Corr ... See More

Answers (1023)
What would you do first that if you found a discrepancy in physical inventory?
Top Answer: You would firstly need to move the item to a systemic location so it is not available for inventory. Che ... See More

Answers (4)
What is the toughest part about physical inventory?
Top Answer: si de faire le comptage ce qu'il exsiste réalerter See More

Answers (1)

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