Should a Business Perform Regular Stocktaking?
Stocktaking is physically counting a company's inventory to determine the exact quantity and value of items. This information is typically used for accounting and financial reporting purposes, as well as to help manage inventory levels and identify any discrepancies between the physical stock and the company's records. Stocktaking can be done periodically, such as monthly or annually, or as needed. As doing it manually tends to be time and money-consuming, many businesses have started using technology to streamline the process. The growing role of technology in the business sector, particularly in the stocktaking area, influences the birth of stock and inventory apps . Advstock Inventories supplies this need with cutting-edge retail inventory software available for iOS and Android devices. We offer stocktaking apps for convenience stores to give business owners insights into their inventory flow, making it easier to identify any deadstock. Our stocktaking apps for food and ...