This how to do inventory reconciliation template has 2 pages and is a MS Word file type listed under our business plan kit documents.

Sample of our how to do inventory reconciliation template:

Inventory Reconciliation Standard Operating Procedure Department: Finance/Accounting Purpose: This procedure is in place to compare written inventory records against the actual physical stock on the shelves and in the warehouse. Frequency: Semi-annually Procedure: Compare your written inventory records with the actual physical inventory. Double-check that you have not misread the stock number on the inventory record (make sure products have not been misplaced). Check for errors in your inventory recordkeeping (checks for simple math errors). Check for missing paperwork. Be sure that all sales have been accounted for and filed into the system. If stocks are too high, be sure that all invoices have been accounted for and entered.