|
We follow the following process for Inventory Accounting
· You provide us with a listing of all product numbers in inventory and a count of the number of each product.
· You provide reports of inventory sold and inventory purchased (exact method determined by your individual needs and systems).
· Annual physical inventory shall be taken by you.
· We reconcile physical inventories to accounting system inventory and prepare any adjustments necessary.
· We further provide the information in the format instructed by you. We may also complete the necessary statutory forms to help you file required returns on time.
· We also prepare reports and analysis to assist our clients in making the most of their financial information and records.
|