Your ERP isn’t broken — it’s just outdated, because inventory accuracy still depends on stopping the factory instead of ...

You should take a physical inventory of all goods in your manufacturing business once a year. This will tell you if you are utilizing materials and finished products in a timely manner. It will also ...

Each department with an inventory is required to take a physical count at least once a year to ensure an accurate asset value is reported on the balance sheet and that cost of goods sold is recorded ...

All departments are required to perform a complete inventory of their capital equipment once per year. This process is an important control activity designed to safeguard the assets of the University.

One important aspect of ensuring that your small business runs smoothly is to periodically compare written inventory records against the actual physical stock on the shelves and in the warehouse. If ...

There are so many unavoidable tedious tasks in running a business. Physical inventory counts rank high on this list. Fortunately, there are a number of ways businesses can mitigate the pain of ...

Leave blank to obtain all parent departments assigned to DIR or DIR2 or enter one parent department. If you have more than one parent department, and field is left blank, all inventory items will be ...

Inventory balances are impacted by the data that’s input into the system. When input activity is occurring in a system, the ticketed data may not get into the system until a day or more after ...

A notification has been sent to custodians and financial managers of fixed assets purchased on research awards to make them aware that the federal regulation, 45 CFR Part 75.320 (d), requires that a ...