A stocktake is a count of the business inventory on hand, typically done at the end of the financial year, though some businesses may do it more regularly. Having an accurate idea of the number of stock items your business owns allows your accountant to reconcile physical stock to the inventory records, highlight variances, and […]

Stock takes in your business is best completed by working on one area of the store at a time. You may decide to break up your stocktake by physical location in your premises, or by supplier, department or category. With most POS systems you can perform a stocktake in several ways: 1.Using a PDE scanner […]

Where would we be without stocktaking? Keeping a correct and up to date inventory of your goods when you are in business is something which the importance of cannot be taken lightly. Stocktaking is an integral part of pubs, clubs, hotels and restaurants businesses, no matter what the size. It is advantageous for these types […]

Stocktaking is counting the inventory of the business on hand. For every financial year, it is expected of business owners to complete a stock take. Owners should count the inventory to conclude every financial year. This will give an exact representation of the value of assets of the business and let them know of any […]

Stocktaking is the process of recording and counting the value and amounts of stock held by a business. One of the advantages of Food & Beverage Stocktaking is the ability to monitor the changing costs of all the food items and making an updated report which states the charged old price and the new price […]