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How to manage dead stock in warehouse before financial year closing ?

warehouse dead stock managing ! how

Accounting Cost Accounting Warehouse Management Inventory Control Finance
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Question added by MOHD DANISH , WAREHOUSE MANAGER , IBHAANA PVT LTD
Date Posted: 2017/04/07
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Shaik Alavudeen Amanullah
by Shaik Alavudeen Amanullah , Business Development & Operation Executive , Saadi Saad Al Harbi & Partners Company

Process to manage dead stock in year end closing 

1. Promote stock in offers without profit gains in actual commercial invoice price value

2.  Claim insurance , if premium paid against those invoices

3. stock reconciliation and adjust inventory

4. Sell as scrap items 

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