General procedure for a Stocktake would be. See page 8 for flow chart of processing.
- Prepare for Stocktake
- Print Stocktake count sheets
- Count
Dependent on Month End cut-offs and processing.
- Enter count
- Print variance reports and Stock Valuation
- Review
- Process Stocktake Adjustments
- Generate Stock Count Adjustment for quantities
- Process Stock Value Adjustment for Values.
- Print Valuation reports