How can I audit inventory?

Inventory audit is a lengthy process, especially in large retail stores and warehouses, but it is not a difficult procedure. The auditor begins by looking at the records of the number of inventory, so he will know how much stock should be in the store or warehouse. Then the auditor looks at any documents that will reduce the overall inventory. The auditor then visits a store or warehouse and performs inventory audit using a pocket device that verifies and calculates the product. In addition to inventory counting, the auditor also checks the prices to ensure that no product is sold at an inaccurate price. These records describe in detail how much product was purchased when delivered and how much was sold. In order to know how much the product should be in the store or warehouse, and to understand the order practice of the device, the auditor will see in the last few months, possible to perform an audit for the past year. This helps the auditor pay attention to suspicious ordering procedures and understand the trade trendsor warehouse.

Together with the order, there are usually documents that describe in detail that non -sitting are detailed from the inventory. These documents calculate the number of thefts, defective products, revenues that cannot be placed back on the shelf, and anything else that leaves the item unquestionable or from the store. In order to perform the inventory correctly, the auditor must know this information, so he will know the right amount of the product in the store or warehouse.

The real inventory audit occurs when the auditor physically goes to the store or warehouse and checks every product, often using a pocket scanner. Each product or housing is scanned, the scanner picks up the product code and monitors the number of trobkouk a specific item in the store. This number is compared with order and sales documents to ensure that the store has the right amount of products. If there is not enough products, the auditor will usually have to exploreIstil what caused an imbalance.

along with the number of products, the audit also checks the right prices. The hand scanner normally describes the correct price of the item in detail and the auditor can check the item mark to ensure that nothing is sold too high or low. This helps the retail chain to coordinate sales and ensures that the company as a whole achieves optimal profits.