Physical Inventory vs System Inventory: Causes of Mismatch and Financial Impact
Inventory is often one of the largest assets on an Indian company’s balance sheet. Yet in many businesses, one uncomfortable question lingers: Does the stock in the system actually exist on the floor? The ERP says ₹48 crore. The warehouse supervisor says, “approximately.” The auditor says, “let’s verify.” The bank says, “this determines your drawing […]