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Work At Home Free Classifieds => Post Your Products & Services Here => Topic started by: ajshco on May 16, 2013, 05:23:12 AM
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Objective of PHYSICAL VERIFICATION:
Statutory Compliances – CARO 2003
Verify Existence of Assets
Valuation - Accounting for any discrepancy
Internal Compliances
Critical for Continuous Customer Service
Methodology of PHYSICAL VERIFICATION:
Planning by preparing daily overall plan, preparation of master list, assets location, local staff supervisor details, physical verification check list.
Field Activity by trained member for identification of assets. Checklist duly filled & signed by team member and staff.
Report Preparation of physical verification of assets and reconciliation between physical count and book count.
Compute the differences and indentify the reasons.
To prepare physical verification report (asset wise) and detailed, Observations and Recommendations.
Company Registration in India (http://www.ajsh.in/company-registration-in-india.php) | Chartered Accountant (http://www.ajsh.in) | Physical Verification (http://www.ajsh.in/physical-verification-of-assets-overview.php)
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Actually we are an order fulfillment services provider in India and our main services are inventory management, warehousing services, drop shipping, supply chain management, and stock management. So such kind of systems for inventory management services are helpful for us and like us.