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What is the difference between negative and positive count in inventory field.?

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Question added by BINOJKUMAR THOMMATH , QUALITY CONTROLLER / INVENTORY CONTROLLER , AGILITY LOGISTICS AND KGL LOGISTICS
Date Posted: 2017/03/22
Jerry Guimary
by Jerry Guimary , Audit , Halang

Well negative inventory refer to losses and positive inventory is favorable to the company but this is most common mistakes on receiving and dispatch if you are sure that your actual count is 100% percent correct. 

Rehan Sayyed
by Rehan Sayyed , warehouse In charge , LANDMARK GROUP

If your inventory count is more than book valve it's positive inventory and vise versa

Wolfe Perry
by Wolfe Perry , Web Developer , Five Nights at Freddy's

With a positive inventory, the physical stockpile exceeds the book value, while a negative inventory shows the opposite redactle

Rupkamal Mishra
by Rupkamal Mishra , Store Incharge , Darayesh Future LLC

Negative we can define as shortage of item during physical count and positive we can define as excess of product during counting of inventory 

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