{"id":4677,"date":"2013-12-27T07:18:07","date_gmt":"2013-12-27T05:18:07","guid":{"rendered":"http:\/\/www.officetodo.com\/public\/?p=4677"},"modified":"2013-12-22T07:19:02","modified_gmt":"2013-12-22T05:19:02","slug":"dealing-with-stock-count-differences","status":"publish","type":"post","link":"http:\/\/www.officetodo.com\/public\/dealing-with-stock-count-differences\/","title":{"rendered":"Dealing with stock count differences"},"content":{"rendered":"<p><span style=\"font-size: medium;\"><span style=\"color: #000000;\"><span style=\"font-family: Calibri;\">Stock count differences occur, that\u2019s part of the nature of the inventories and the procedure \u2013 to identify if any of the positions differ from the physical count.<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #000000;\"><span style=\"font-family: Calibri;\">It\u2019s what you do with the results afterwards that matters.\u00a0<!--more--><\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #000000;\"><span style=\"font-family: Calibri;\">One thing is obviously making necessary adjustments in accounting. The results are not just to take as a fact but as a fact that your accounting reflects inaccurate data. Making those adjustments is crucial most probably also for your production department if you happen to have one so they\u2019d know what they have in stock to use and for your sales department so they\u2019d know what they can sell. Having accurate positions is therefore quite necessary. It\u2019s the reason you make stock counts in the first place.<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #000000;\"><span style=\"font-family: Calibri;\">Another thing that\u2019s more profound is the understanding why those differences occurred and if anything in your company\u2019s internal processes or controls needs to be changed. For an example if some items are constantly taken into stock in wrong amounts, maybe some instructions are in order or if some items should be kept in bigger or smaller units (if they\u2019re packaged) etc. It all depends hugely on the type of the specific item, but do make notes if the differences are noticed \u2013 maybe something could be changed in general processes so that the differences in this specific area would occur less.<\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stock count differences occur, that\u2019s part of the nature of the inventories and the procedure \u2013 to identify if any of the positions differ from the physical count. It\u2019s what you do with the results afterwards that matters.\u00a0<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26,42],"tags":[],"class_list":["post-4677","post","type-post","status-publish","format-standard","hentry","category-2-processes","category-2-2-stock-count"],"aioseo_notices":[],"_links":{"self":[{"href":"http:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/posts\/4677","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/comments?post=4677"}],"version-history":[{"count":1,"href":"http:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/posts\/4677\/revisions"}],"predecessor-version":[{"id":4678,"href":"http:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/posts\/4677\/revisions\/4678"}],"wp:attachment":[{"href":"http:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/media?parent=4677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/categories?post=4677"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/tags?post=4677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}