أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.
Agree with Mr. Hany<<<<<<<<<<<<<<<<<<<<<<<<<<<
stock accuracy. and reduce srinkage.
I may found some points :
1.Eliminates shutdowns and interruptions
2.Eliminates annual inventory adjustment
3.Trained personnel audit inventory accuracy
4.Allows causes of errors to be identified and corrected
5.Maintains accurate inventory records
Best regards
DO You mean advantages of cycle Accounting
*- analyzing
*- recording
*- posting
*-adjusting
*-auditing
*- gives final statements
all for the financial period transactions
1. Improved inventory accuracy & integrity is maintained at a higher level due to continuous counting.
2. Elimination of lost sales due to stock outs and/or shorts resulting from misplaced product or zero on-hand when the inventory system says product is available.
3. Elimination of the cost and business interruption associated with the annual/semi-annual physical inventory process.
4. Reduction in inventory errors due to discrepancies being identified and corrective action taken sooner than once or twice a year leading to improved inventory accuracy.
5. Overall reduction of safety stock levels and associated carrying costs through improved inventory accuracy.
>>>>>> I fully agree with you MR hany ........ thanks
You updating your inventory and therefore keeping it accurate
Agree with Mr. Hani................................
