Accounting for materials

This topic has 1 reply, 2 voices, and was last updated 9 years ago by John Moffat.

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December 17, 2016 at 12:14 pm #363896
sxhawty
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sir, what infos are in a bin card? is it usually quantity of goods received and unit of inventory held or unit price and inventory valuation?
December 18, 2016 at 8:08 am #363922
John Moffat
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There is no rule, and not all companies have bin cards. However usually it records receipts and issues of the goods together with the balance left (in units).
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