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It is the term used to describe the process of going round and finding out which goods in a store or a shop are on the shelves.
You do it to find out how much value you have on the shelves, what items are missing (and therefore have been stolen) or to find out what items you may need to order more of.
What else can I help you with?
Methods of stock taking?
Annual stock taking-done once a year and it si done for the purpose of preparing financial accounts. Spot cheecking Perpetual stock taking
What is perpetual and periodic stock taking method?
this is where stock taking is done continously
What is the objectives of periodic stock taking?
periodic stock keeping
What are the differences between stock taking and stock checking?
Chaking
What is the purpose of physical stock taking of the perpetual system?
The purpose of physical stock-taking is to be up to date on how much stock and materials the company has on things. It is a means to maintain knowledge of your inventory.
What is stock tacking?
I guess you are trying to ask the question " what is stock Taking?" If so, stock taking is the term used when you count your stock/inventory, and match it with the stock that is recorded in your books (these days it is recorded in your computer system). Most of the companies do stock takes half yearly and some do it annually.
What is the main objective of stock taking?
The main objectives of stock-taking include the recording of data in respect of quantity and value of stock at any given time and to facilitate the effective comparing between value and loss of goods. Stock-taking also aims to avoid discrepancies in the balancing of accounts.
What does taking stock mean?
Assessing your situation.
What are the advantages and disadvantages of blind stock taking?
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What are the advantages and amp disadvantages of blind stock taking?
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What are the release dates for Perfect Strangers - 1986 Taking Stock 3-4?
Perfect Strangers - 1986 Taking Stock 3-4 was released on: USA: 14 October 1987
What are the release dates for White Collar - 2009 Taking Stock 5-12?
White Collar - 2009 Taking Stock 5-12 was released on: USA: 23 January 2014
