Traditional Culture Encyclopedia - Traditional customs - What does inventory mean in general?

What does inventory mean in general?

Question 1: What does inventory mean The meaning of inventory. It generally says to take stock of the goods

Question 2: Why take stock? Inventory is a regular or irregular inventory of all or part of the store's merchandise, in order to truly grasp the business performance during the period, and therefore to improve and strengthen management. It is in order to control the goods "in (purchase), sales (sales), inventory (inventory)" can avoid the occurrence of too much stockpiling or out of stock, for the calculation of costs and losses is an indispensable data. The purpose of the inventory: In the face of a wide range of products every day; in the face of shoulder to shoulder, endless streams of customers, in and out of the staff's hard work is to make the customer satisfaction, business prosperity. However, to know whether it is profit or loss, relying solely on daily reports, daily performance, it is impossible to accurately know. Commodity loss, breakage, scrap and other losses can not accurately grasp the current only way is to inventory, and through the inventory can be achieved: 1. accurate grasp of inventory; 2. grasp the loss and improve; 3. strengthen management, prevention and cure. Inventory to achieve the purpose: each inventory are required to invest a lot of manpower, material resources and time, but also bring some negative impact, but it is a very important work, because it can achieve the following purposes: 1. Understand the store in a certain period of deficit and profitability; 2. Understand the current location of the storage of commodities, the shortage of goods; 3. Understanding of the store's inventory level, the status of backlogged merchandise and merchandise turnover situation; 4. Discover and remove slow-selling products, nearly expired goods, organize the environment, remove dead ends; 5. According to the inventory, can strengthen the management, preventive measures, while curbing misbehavior. Inventory work notes: each inventory statement must be signed by the department manager or above; supervisor in the signing of the statement, the sum of its quantity should be checked again to ensure that there is no error; supervisor must review each employee is responsible for the inventory area is indeed a complete inventory; in the inventory before the inventory of items sold in the area should be maintained to maintain an appropriate amount of safety stock; the supervisor shall be responsible for the process of inventory gathered to be dealt with (such as broken, deteriorated goods, goods that are near expiration date, and also curb the behavior. Supervisors are responsible for the disposal of items collected during the inventory process (e.g., damaged, spoiled, out-of-shelf-life, non-branded items, etc., and for reporting damage, repackaging, etc.). Printing the actual inventory report After the supervisor verifies that there is no error, and after the signature of the department manager or above, the inventory entry team will print the actual inventory report. Inventory method: Inventory work can be found everywhere in manufacturing or distribution enterprises, because the integration of materials and accounts is the most basic condition for enterprise management. In accordance with the purpose and different ways, it is divided into the following categories: (1) sampling inventory: by the review unit or other management units initiated by the nature of the surprise inventory, the purpose of the warehouse management unit in the implementation of the management of the audit. Sample inventory can be for the warehouse, material properties, warehouse managers and other different directions. (2) Temporary inventory: because of the specific purpose of the specific parts of the inventory, etc.. (3) the end of the year (in) inventory: regularly held large-scale, comprehensive inventory work, according to the relevant provisions of the general business should be implemented at the end of each year a comprehensive inventory, part of the listed companies in the year but also the implementation of a comprehensive inventory. (4) cycle inventory: the use of information management companies, in order to ensure that the material account at any time the same, the material according to the importance of different levels of distinction into different levels after giving a different cycle inventory code, and then the use of information tools to carry out cyclical cycle inventory.

Question 3: Warehouse inventory generally have which people inventory may have material management, financial departments, auditors, etc.

Question 4: How long does it take to inventory traditional inventory time is long ah, the need to work overtime,

Major supermarkets, warehouses, and other inventory will generally use the Han code inventory machine. Scanning barcodes, enter the number of inventory can be completed.

Traditional inventory time is too long, no way.

Question 5: List 2 inventory methods, and explain the general inventory process is how the inventory The so-called inventory, refers to the regular or temporary inventory of the actual number of goods in stock, inventory operations, that is, in order to grasp the flow of goods (into the warehouse, in the warehouse, out of the flow of goods), the actual number of items available in the warehouse and the custody of the number of records on the account of the number of checks in order to accurately grasp the number of inventory. Inventory quantity. Inventory usually has two ways: a regular inventory, that is, a comprehensive inventory of the warehouse, refers to a certain period of time, usually quarterly, semi-annually or before the end of the year before the financial settlement of a comprehensive inventory. By the owner of the goods will be sent together with the warehouse custodian, commodity accounting inventory reconciliation; two is a temporary inventory, that is, when the warehouse loss of goods accidents, or custodian replacement, or the warehouse and the owner of the goods that there is a need for inventory reconciliation, the organization of a local or comprehensive inventory. Table of Contents 1 Definition of Inventory 2 Purpose of Inventory 3 Principles of Inventory 4 Inventory Methods 5 Inventory Procedures 6 Inventory System 7 Inventory Personnel Management Inventory Inventory - Definition of Inventory Mainly includes the following aspects: (1) Quantity Inventory. (2) Weight inventory. (3) Reconciliation of goods and accounts. (4) Reconciliation of accounts to accounts. Inventory - Purpose of Inventory There are various kinds of wastage in the operation of a store, some of which can be seen and controlled, but some of which are difficult to be counted and calculated, such as theft, bookkeeping errors, and so on. Therefore, it is necessary to know the profit and loss situation of the store through the annual inventory. Through the inventory, one can control the inventory to guide the daily operation of the business; secondly, it can grasp the profit and loss situation in a timely manner in order to truly grasp the business performance and take preventive measures against leakage as early as possible. Specifically, the inventory can achieve the following objectives: ● The store's profit and loss status during the current inventory cycle. ●The store's most accurate current inventory amount, and restore correct computerized inventory data for all items. ●To identify operating departments, product groups, and individual items with high wastage so that management can be strengthened and wastage can be controlled in the next operating year. We identify and remove slow-selling and near-expired products, and organize the environment to remove dead corners. Inventory - Principles of Inventory Stores should follow the following principles when conducting merchandise inventory: ● Truthfulness: It is required that all points and information in the inventory must be truthful, and there is no cheating or falsification to cover up loopholes and mistakes. ●Accurate: The process of inventory counting is required to be accurate, whether it is the input of information, the verification of displays, or the number of points in the inventory, all must be accurate. ●Complete: All the procedures of the inventory process, including the planning of the area, the original data of the inventory, the inventory count, etc., must be complete, do not miss the area, miss the goods. ●Clear: The inventory process is a flow operation, and different personnel are responsible for different tasks, so all information must be clear, the writing of personnel must be clear, and the organization of goods must be clear, in order to make the inventory run smoothly. ●Team Spirit: Inventory is an operational process in which the entire store staff participates. In order to reduce the loss of business closure and speed up the time of inventory, each department of the supermarket must have a good sense of cooperation and coordination, and focus on the big picture, so that the entire inventory according to plan. Generally, the merchandise inventory is conducted once a month, and the inventory team is responsible for the inventory of each store. In order to ensure the efficiency of merchandise inventory, three principles should be adhered to: ● The principle of selling price inventory, i.e., the retail price of the merchandise is used as the basis of inventory, and the inventory is controlled by the amount of the retail price, so as to determine the merchandise overflow and retail errors within a certain period of time through the inventory. The principle of instantaneous inventory, i.e., conducting inventory at any time during business, "stopping business" and "month-end inventory" are not necessarily the correct inventory, supermarkets (especially convenience stores) can conduct inventory during business, and can be conducted at any time. The principle of automated inventory, that is, the use of modern technology to assist inventory operations, such as the use of handheld terminals can be completed at a time the ordering and inventory operations, but also the use of cash registers and scanners to complete the inventory operations. Inventory - Inventory Methods Inventory work can be found everywhere in manufacturing or distribution enterprises, because the integration of materials and accounts is the most basic condition for enterprise management. According to the different purposes and methods, it is divided into the following types: (1) Sample inventory: by the review unit or other management units initiated by the nature of the surprise inventory, the purpose of the warehouse management unit in the implementation of the management of the audit. Sample inventory can be for the warehouse, material properties, warehouse managers and other different directions.  (2) Temporary inventory: because of the specific purpose of the specific parts of the inventory, etc..  (3) year-end (in) inventory: regularly held large-scale, comprehensive inventory work, according to the relevant provisions of the general business should be implemented at the end of each year a comprehensive inventory of listed companies part of the mid-year ...... >>

Question 6: Why do I need to take inventory at the end of each month? Because the financial requirements are monthly statements, so it is necessary to conduct a monthly inventory to provide data for the financial so that the financial accounting operation

Question 7: What does inventory mean? Each enterprise must be inventory? What is the role of inventory? Inventory refers to the point in time as a benchmark, the books and the actual physical verification. Inventory of fixed assets refers to the inventory of standing assets in various stages of actual use. The inventory of consumables is the inventory of stock.

Inventory is usually two kinds of ways: one is a regular inventory, that is, a comprehensive inventory, refers to a certain period of time, generally quarterly, semi-annually or before the year-end financial settlement of a comprehensive inventory; the second is a temporary inventory, that is, when the loss of goods accident, or custodian replacement, or administrator that there is a need to inventory the reconciliation of the organization of a local or a comprehensive inventory.

In general, each enterprise at least once a year inventory. The role of the inventory: check with the actual books, to understand the situation of defects, the responsibility to the person.

The above views are from JACKS Software

Question 8: How to do a good job "inventory" inventory methods Inventory methods can be divided into the following four aspects: First, to the account or object to distinguish between the inventory can be divided into inventory and the actual inventory count. The former refers to the data, the method of calculating the inventory of goods; the latter is for unsold inventory goods, the field inventory statistics, inventory only record the retail price can be.  Second, the inventory area to distinguish, can be divided into comprehensive inventory and partition inventory. The former refers to the specified time, all the inventory in the store for inventory; the latter refers to the store goods to categories, each time in order to inventory a certain area.  Third, to inventory time to distinguish, can be divided into business inventory, business before (after) inventory and shutdown inventory. Business inventory is the previously mentioned "instant inventory", business and inventory at the same time; business before (after) inventory refers to the opening of the business before or after closing inventory; shutdown inventory refers to the normal business hours within a period of closure to inventory.  Fourth, the inventory cycle to distinguish, can be divided into regular inventory and irregular inventory. Regular inventory refers to each inventory interval is the same, including annual, quarterly, monthly inventory, daily inventory, shift inventory. Irregular inventory refers to each inventory interval is not the same, is in the adjustment of prices, change of sales methods, personnel transfer, accidents, clean up the warehouse and other cases of temporary inventory. Accounting Supermarkets and convenience stores due to the wide variety of goods, the actual cost of various types of goods is difficult to calculate, so the general use of retail price method for book inventory. The formula is: book amount = retail amount of last period's inventory + retail amount of the current period of purchase - the current period sales amount + the current period to adjust the amount of change inventory organization inventory work is generally responsible for the store itself, the headquarters to be guided and supervised. But with the expansion of the chain scale, inventory work also needs to be professionalized, that is, by a full-time inventory team to carry out inventory. The number of inventory team according to the size of the business area to determine, in general, about 500 square meters of supermarkets, inventory team should be at least 6 people, the operation can be divided into three groups at the same time. Inventory team are in business inventory, such as the use of inventory machines (handheld terminals) for inventory, 6-member team a day can be disk 1 to 2 supermarkets, inventory information obtained immediately after entering the computer for statistical analysis. After establishing the inventory organization, it is necessary to plan the inventory schedule for the current year in order to prepare for it beforehand. Inventory Configuration Chart The product configuration chart of the store and the inventory chart of the warehouse, which were designed before the store opened, can be used as the inventory chart. However, a separate layout map should be made for inventory, including the facilities of the store (refrigerated cabinets, shelves, large display areas, etc.), the warehouse area in the back of the store, refrigerated warehouses, etc., and the locations of all merchandise storage or display areas should be labeled to facilitate the implementation of the inventory operation in the sub-districts. Its operation is: determine the location of inventory and merchandise display: according to the location of inventory to prepare the inventory configuration map; for each area for the number; will be made into a number of stickers, pasted in the upper right corner of the display shelf. After doing the above work, you can assign the area of responsibility in detail, so that the inventory staff really understand the scope of work, and control the progress of inventory.

Question 9: What does the field inventory method mean? Field inventory method is the use of degrees, measurements, weights and other tools, through the count, one by one to determine the actual number of physical inventory of a method. This method has a wider scope of application and can be adopted for most property and materials. In addition, this method is accurate and reliable, but the workload is larger.

Question 10: inventory count is generally carried out when the inventory time is determined: the enterprise can be carried out after the end of the inventory, can also be carried out before the end of the period or the periodicity of the inventory. In general, the auditor always hope that the inventory count time is closer to the balance sheet date.

Auditors can generally take the following measures to check the inventory count:

(1) check whether ownership does not belong to the enterprise's inventory is kept separately, whether the ownership belongs to the enterprise's inventory are hanging inventory tags;

(2) ask the enterprise management inventory count of the inventory includes the sale, or has been sold for processing but has not yet been issued;

(2) ask the enterprise management inventory count of the sale, or has not yet been issued inventory;

(2) ask the enterprise management inventory count of the sale of the sales process, but not yet issued inventory.

(3) Observe the inventory count process whether all inventory has stopped moving;

(4) in the label has not been taken down before the inventory count, check the inventory label on the results of the inventory is consistent with the actual (pay attention to check the number of inventory, unit price, unit of measurement and quality);

(5) sampling of the inventory of the products in the product, but also need to ascertain that the inventory label record (6) Inventory not included in the inventory should also be reviewed as necessary to determine its ownership and whether the company has properly discharged its stewardship responsibilities;

(7) Record the actual results of the inventory count and the company's book records in the workpapers and identify the reasons for the discrepancies;

(8) Record the last sales invoice and receipt and inspection report of the inventory count at the end of the year in the workpapers;

(9) Record the actual results of the inventory count and the company's books and identify the reasons for the differences;

(10) Record the actual results of the inventory count and the company's books in the workpapers. (8) Record in the workpaper the number of the last sales invoice and acceptance report at the end of the year for subsequent cut-off testing;

(9) Examine all used labels and unused labels to make sure that no labels have been lost or intentionally hidden.

After the inventory count is completed, the auditor should also make necessary inquiries or take other alternative measures for the inventory stored in the field.