- Inventory Survey
Physical Inventory Survey
Physical Inventory Survey
A physical inventory survey allows you to accurately establish the physical existence of merchandise, raw materials, stored products or goods that your company owns.
What is the function of the physical inventory survey?
The purpose of the physical inventory survey is to audit the inventory records of goods and merchandise, accurately representing the value of the main asset and knowing the actual number of stocks.
When to perform the physical inventory survey?
The physical inventory survey should be mandatory at least once a year.
What are the benefits of an inventory management service?
Effective inventory management will help you to:
- Keep your business profitable.
- Reduce costs.
- Analyze sales patterns to predict future sales.
- Analyze sales patterns to predict future sales.
- Prepare the business for the unexpected.
- Verify that what is recorded in accounting records (presumably digitized) actually exists.
- Confirm product turnover, which is the speed with which goods are sold or circulated.
- Reveal losses due to spoiled goods, which is particularly important in the case of perishable or perishable goods.
- Find obsolete capital goods, such as old machinery, which must be written off.
Which companies use the physical inventory service?
- Maquiladora Companies.
- Retail companies.
- Health and Beauty Companies.
- Food Companies.
- Pharmaceutical Companies.
- Logistics Services Companies.
Inventory Management Companies
Administrative Managers, Financial Managers, Accountants, Warehouse and Logistics Managers use A&T SORTING COMPANY’s physical inventory service for the support and confidence of having a third party verify their goods, merchandise, raw materials or stored products.
What does A&T Sorting Company's physical inventory include?
Our expert accountants will help you:
- Corroborate the actual presence of stored goods.
- We count, weigh, measure and record each and every different kind of your goods, merchandise, raw materials or stored products in stock.
- Get the result of the inventory calculation done by listing the actual stock held.
Do you need physical inventory service?
A&T provides support for:
- Raw Material Inventories.
- Inputs and Materials Inventories (Second Order Raw Materials).
- Work in process inventories.
- Finished Product Inventories.
- Inventories of Products in Packaging.
- Consignment Inventory.
- Forecast Inventory.
- Merchandise Inventory.
- Batch or Lot Size Inventory.
- Seasonal Inventories.
- Anticipation Inventory.
- Cyclic Inventories or Cyclic Counts.
- Periodic Counts.
