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    Inventory Process

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    Sona Sith
    The inventory process involves the sales department making a delivery order for goods needed for sale. The inventory department fills out the delivery form to take the goods from the warehouse. They also pass a proforma invoice and packing list to accounting. Accounting tracks the cost of goods sold and inventory on hand to understand profits. They make invoices based on delivery orders from sales and payments to suppliers come from the bank account.

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    Inventory Process

    Uploaded by

    Sona Sith
    14 views1 page
    The inventory process involves the sales department making a delivery order for goods needed for sale. The inventory department fills out the delivery form to take the goods from the warehouse. They also pass a proforma invoice and packing list to accounting. Accounting tracks the cost of goods sold and inventory on hand to understand profits. They make invoices based on delivery orders from sales and payments to suppliers come from the bank account.

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    The inventory process involves the sales department making a delivery order for goods needed for sale. The inventory department fills out the delivery form to take the goods from the warehouse. They also pass a proforma invoice and packing list to accounting. Accounting tracks the cost of goods sold and inventory on hand to understand profits. They make invoices based on delivery orders from sales and payments to suppliers come from the bank account.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as doc, pdf, or txt
    14 views1 page

    Inventory Process

    Uploaded by

    Sona Sith
    The inventory process involves the sales department making a delivery order for goods needed for sale. The inventory department fills out the delivery form to take the goods from the warehouse. They also pass a proforma invoice and packing list to accounting. Accounting tracks the cost of goods sold and inventory on hand to understand profits. They make invoices based on delivery orders from sales and payments to suppliers come from the bank account.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as doc, pdf, or txt
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    INVENTORY PROCESS

    Sale department make a delivery order for Inventory department for taking goods for sale. Purchase Inventory - Proforma Invoice - Packing List

    WARE HOUSE
    Inventory Dept.

    Filling up delivery form for taking goods for sale.

    Sale Department

    Passing Proforma Invoice with packing list to accounting

    - Make a weekly/Monthly inventory reports for accounting in order to track inventory Items and cost of goods sold.

    Pass a copy of delivery order to Account dept. for making invoice.

    Accounting Department
    Track cost of goods sold in order to understand the amount of inventory on hand. Payment made to suppliers for purchasing inventory Bank Account Collect cash/cheque from customers and deposit to bank Account Receivable

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