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dvantages of Bin Cards :
(i) There would be less chances of mistakes being made as entries will be made at the same time as goods are received or issued by the person actually handling the materials.
(ii) Control over stock can be more effective, in as much as comparison of the actual quantity in hand at any time with the book balance is possible.
(iii) Identification of the different items of materials is facilitated by reference to the Bin Card the bin or storage receptacle.
Disadvantages of Bin Cards :
(i) Store records are dispersed over a wide area.
(ii) The cards are liable to be smeared with dirt and grease because of proximity to material and also because of handling materials.
(iii) People handling materials are not ordinarily suitable for the clerical work involved in writing Bin Cards.
What else can I help you with?
What does BIN mean on a credit card?
The BIN is the bank identification number, which are the first six digits of the credit card number representing the institution that issued the card. It is no long er called a BIN; it is now called an Issuer Identification Number (IIN).
How much is 50 bin Lira worth?
how muach is the bin lira worth
What type of credit card starts with 4903?
It's a debit card from United Kingdom called "Switch." You can find a link to credit card bin (prefix) numbers below.
What card starts 4670?
A card number that starts with 4670 typically belongs to a Visa or Visa Electron debit or credit card. The first few digits of a card number, known as the Issuer Identification Number (IIN) or Bank Identification Number (BIN), help identify the card issuer and its type. Always ensure to keep card information secure and private.
What are the first 6 digits of a credit card number and why are they important?
The first 6 digits of a credit card number are known as the Issuer Identification Number (IIN) or Bank Identification Number (BIN). These digits identify the financial institution that issued the card. They are important because they help verify the legitimacy of the card and can be used to determine the type of card and its country of origin.
What is bin card?
What is a bin card?
What is a use of bin card in stock recording system?
A bin card is being used to keep a record of upcoming stocks from the godown and the outcome of new stocks and expiry date and renewal of a new product.
BIN card in Inventory control management system?
A BIN card is actually a document used in inventory control systems. It is used to keep track of the available stock and any problems involved with the stock of a specific item.
Prepare a bin card in relation to cost accounting?
prepare a bin card in relation to cost accounting
What is a bin card?
its a bill
How do you stamp your bin card?
basically all you do is you go on your bin card press stamp and hey presto you stamped it
What is the disadvantage of a dust bin?
advantages of dustbin
What is bin card in hotel?
bin card is written documentary of inventories usage of day to day supplier and purchase records
How do you become a bin tycoon without the tycoon card?
you card you need card
What is a binweevil card unused?
still a bin weevil card
What is the purpose of bin card?
The purpose of a bin card is to document inventory and sales. It is essentially a receipt or stock card that is used for each order, commodity, or sale.
What does BIN mean on a credit card?
The BIN is the bank identification number, which are the first six digits of the credit card number representing the institution that issued the card. It is no long er called a BIN; it is now called an Issuer Identification Number (IIN).
