Keeping stock records

Inventory management is an important part of a company’s operations and these items, which are used to support the company’s operations, form a significant part of current assets. Through the services provided by our office in the area of stock record keeping, the entrepreneur has full coverage in this area, including methodological support and supervision. By implementing inventory management procedures, all internal processes of stock records, stock valuation, including additions and losses, physical and documentary records and accounting for inventories, whether purchased or created by own activities, are thus consistently set up.

The consistent setup of the link between warehouse accounting and financial accounting leads to the correct accounting treatment of inventory, and support for annual and interim inventory counts, including the setup of in-house inventory accounting guidelines, stock cards, card movements, receipts and sales, is an integral part of properly maintained warehouse accounting. By supporting many business sectors, we can streamline the electronic exchange of information between the warehouse, online store and the economic system, where the exact current status of stock records and goods is known at any given time. Based on this support, inventory management is worry-free.