Commodity Inventory System - Communist China -
JOINT PUBLICATIONS RESEARCH SERVICE ARLINGTON VA
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To periodically take commodity inventory is an essential work in the operation and management of commercial enterprises. Particularly when a retail enterprise is practicing the auditing of sales receipts, the work of taking commodity inventory is not only a means of implementing the receipts auditing system, but also an important method of getting statistical figures on sales through the general use of calculating sales by taking inventory i.e., to record regularly the amount of commodities purchased and transferred from other enterprises, and, at the end of a period, to take commodity inventory on which the calculation of commodity sales is to be based. To improve the method of taking inventory will not only shorten the time necessary to do the Job, advance the quality of inventory taking work, and improve the operation and management of enterprises, but will also greatly lessen the labor intensity of sales personnel, enhance the quality of auditing work, and effect timely presentation of statistical data and presentation of accounting reports and tables.
- Economics and Cost Analysis