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What is the side effect of positive (+) and Negative (-) discrepancy adjustment? for a warehouse environment.

The financial effect of Adjustment...

Logistics Stock Control Internal Audit Warehouse Management Finance
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Question added by Prabin Rai , inventory officer , bijaya motor
Date Posted: 2017/05/21
Upvote (0) Views (11) Followers (2) Answers (2) Report Question
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Shaik Alavudeen Amanullah
by Shaik Alavudeen Amanullah , Business Development Executive , Saadi Saad Al Harbi & Partners Company

The major drawback in inventory adjustment will affect the accrual-based accounting system. Most important thing to consider in this aspects are 

1.Prepayments

2.Accruals

3.Estimates

4.Considerations

 

 

 

Ashraf E. Mahmoud (PhD)
by Ashraf E. Mahmoud (PhD) , University Lecturer, Freelancer Consultant and Trainer for Int'l Business & Banking TF. , FreeLancer

Thanks for invitation,

I do believe that the direct effect will be on "The Working Capital Cycle".

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