Operating Procedures

1. Examine the inventory receipt procedure by both accounting and inventory departments and verify unit cost computation.

2.  Examine the inventory withdrawal reconciliation from both accounting and inventory departments.

3.  Examine the goods transferred between warehouses and goods borrowings (if any).

4.  Examine the accounting entries for inventory to reconcile with stock card and inventory movement report.

Benefits

- Reduce the loss of finished goods and inventory shortage.

- Reduce the risks on slow-moving or non-moving inventory.

- Provide the internal control in order to reduce any errors from finished goods and raw materials receipt/withdrawal.

This service is appropriate for

- the trading business.

- the manufacturing plant.