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CODE: IV 007PAGE: 1 of 4EFFECTIVE:UPDATE NO.: 0INITIATED BY: PRIME CONSULTANT CO., LTD.DEPT./SECTION:REVIEWED BY: STANDARD OPERATING PROCEDURE APPROVED BY: SUBJECT:MONTH END INVENTORY PROCEDUREOBJECTIVE:
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How to fill out recount and physical stocking

01
Obtain the necessary paperwork for the recount or physical stocking.
02
Count and record the quantity of each item being recounted or physically stocked.
03
Compare the counted quantity with the recorded quantity to ensure accuracy.
04
Submit the completed paperwork to the appropriate department for verification.

Who needs recount and physical stocking?

01
Retail stores.
02
Warehouses.
03
Inventory managers.
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Recount is the process of counting the inventory or stock in order to verify the accuracy of records. Physical stocking is the act of physically counting the items in stock.
Businesses, warehouses, and retailers are required to file recount and physical stocking.
To fill out recount and physical stocking, one would need to physically count the items in stock and compare it to the records. Any discrepancies should be noted and reconciled.
The purpose of recount and physical stocking is to ensure the accuracy of inventory records and prevent loss from theft or errors.
The information reported on recount and physical stocking must include the total number of items in stock, any discrepancies found, and the date of the physical count.
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