Inventory – checking factual material and immaterial valuables against accounting information or formation of a list of such items .

             Inventory is the oldest element of accounting. People always count their possessions and make decisions about future actions based on this information.

            Companies perform inventory of their property except funds in the register and strict responsibility forms, periodically each year or any other established period. Inventory helps to prevent employee dishonesty negligence  abuse or theft of company property. The factual status of company resources and how they are being used is necessary information not only to the assigned leadership but to company owners as well. Main purpose of the inventory commission is to find (and point out) existing problems but not to solve them. The final decision depends on the leadership or actual owner of the company. Inventory is necessary because: it helps guarantee security of company property, determine efficiency of its use, helps determine possibilities for further use of the property in question, reduces probability of embezzlement. Inventory also performed after natural disasters, when property is transferred to another materially responsible person, when performing audit, on court order and in other cases when it’s necessary to check factual property against accounting information.

            We can save your precious time which you dedicate to performing inventory by using modern technologies, knowledge and our professional personnel.