Inventory of fixed assets and stock

Fixed Assets Inventory.

Physical inventories, tracking and management of fixed assets.

Fixed assets that are not properly tracked can be lost, stolen, or not ready for use when needed. For a company, knowledge of its assets is essential for tax calculation, or in the event of a business transfer, or in the event of an accident for the insurance declaration, etc.

For this purpose, we use the “Inventif” software for which we are also a reseller. Our customers can therefore, after our first mission, become independent themselves by purchasing the solution.

The Inventif system is used to identify and locate fixed assets, carry out a physical verification of fixed assets, monitor their depreciation, record their decline in utility, know the value of these fixed assets, monitor the maintenance of equipment.

Stock inventory

Each company having stocks must obligatorily make an inventory of its last. Moreover, this is the ideal way for the company to be able to value its stocks in order to impact it in the accounts during the closing.

So what is a stock inventory? And how to do it effectively?

Taking inventory of inventory within a company is mainly about showing the volume of inventory that the company has at a certain time. This involves identifying and valuing available stocks as well as work in progress at the end of the financial year.

Among the available stocks, we can distinguish the goods held with the aim of being resold. Similarly, there are products, whether finished or not, which are intended to be processed and subsequently resold. There are also the materials that will be used in the product transformation process and the services in progress, which represent the services not completed and not invoiced at the end of the financial year.

Taking inventory of stocks is an excellent way to identify any discrepancies between the theoretical quantities, or those of entries and exits, and the actual quantities, which are listed by the counting teams. Indeed, discrepancies may exist due to any loss, theft, deterioration of the condition of the products or certain errors made during delivery or shipping.