How to Do an Inventory Audit
An inventory audit checks whether stock records are accurate and whether products are missing, damaged or wrongly counted.
Choose the audit period
You can audit weekly, monthly or for a specific product category.
Count physical stock
Count the actual stock available and record the quantities clearly.
Compare with records
Check whether physical stock matches expected stock from purchases, sales and adjustments.
Investigate differences
Differences may come from theft, damage, expiry, missed sales or wrong entries.
Regular inventory audits improve stock accuracy and protect profit.
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