One important aspect of ensuring that your small business runs smoothly is to periodically compare written inventory records against the actual physical stock on the shelves and in the warehouse. If ...

Your ERP isn’t broken — it’s just outdated, because inventory accuracy still depends on stopping the factory instead of ...

All departments are required to perform a complete inventory of their capital equipment once per year. This process is an important control activity designed to safeguard the assets of the University.

Ideally, your inventory purchases less your sales should equal your remaining inventory when you conduct a physical count. Few small-business owners find that this equation holds true in the real ...

Top menu: ‘Add-ins’> Oracle>Switch responsibility. If this responsibility does not show, you need to request access by submitting an Oracle responsibility request form found on the RIT Service Center ...

There are so many unavoidable tedious tasks in running a business. Physical inventory counts rank high on this list. Fortunately, there are a number of ways businesses can mitigate the pain of ...

Each department with an inventory is required to take a physical count at least once a year to ensure an accurate asset value is reported on the balance sheet and that cost of goods sold is recorded ...

Inventory balances are impacted by the data that’s input into the system. When input activity is occurring in a system, the ticketed data may not get into the system until a day or more after ...

Inventory valuation is often necessary for the purposes of evaluating and determining damages. Such damages could arise from a multitude of factors such as water intrusion, fire, theft and / or ...

The University will conduct a physical inventory of all property once every three years. The Supervisor of Property Management will coordinate the effort, providing inventory listings, pertinent forms ...