Your merchandise stock represents a large portion of your investment in your business. It is important that you manage this inventory well to maximise your profits as uncontrolled inventories are inefficient and costly. You will benefit from Bookkeeping & Payroll Services if you run a businesses that has a number of individual products of sufficient unit value to justify stock-taking.

Advantages of our service include:

• Product margins can be monitored at all times
• Stock levels can be properly controlled and kept at the minimum desired levels
• Current product sales trends can be quickly identified
• Staff savings can be obtained by the automatic production of price lists and product lists for stock-takes and stock valuations.

Our inventory and sales service will maintain your stock records, with detailed information relating to stock levels, pricing details, re-order requirements and sales history. Your stock on hand will be automatically updated when invoices are produced, or stock-take figures are entered into your system. You will be kept up-to-date on shipments which have not been checked against packing slips, or out-of-date products gathering dust.

You will be provided with the following reports on a monthly basis, or as requested:

• Product Sales reports, showing profit margins
• Stock on Hand reports, detailing present quantities and value of stock remaining
• Product lists including cost price, list price and minimum/maximum quantities