Free Inventory Discrepancy Log Template
Inventory Discrepancy Log
|
Name: |
[YOUR NAME] |
|---|---|
|
Company: |
[YOUR COMPANY NAME] |
|
Date: |
[CURRENT DATE] |
This Inventory Discrepancy Report is prepared as a crucial tool in addressing discrepancies found in the company’s furniture stock. It aims to present a distinct and clear record to help resolve operational issues, maintain our asset's integrity, and ensure optimum inventory management.
|
Furniture Item |
Date Discrepancy Found |
Quantity Discrepancy |
Value Discrepancy (USD) |
Reason for Discrepancies |
|---|---|---|---|---|
|
Chair |
01/01/2050 |
-2 |
-$200 |
Miscounted during inventory |
|
Table |
02/01/2050 |
-1 |
-$100 |
Damaged during handling |
|
Sofa |
03/01/2050 |
+3 |
+$300 |
Previously unrecorded receipt |
|
Desk |
04/01/2050 |
-1 |
-$150 |
Misplaced item |
|
Bookshelf |
05/01/2050 |
-2 |
-$250 |
Miscounted during inventory |
|
Bed Frame |
06/01/2050 |
-1 |
-$200 |
Damaged during delivery |
|
Wardrobe |
07/01/2050 |
+2 |
+$400 |
Previously unrecorded receipt |
|
Dining Table |
08/01/2050 |
-1 |
-$300 |
Customer return |
|
TV Stand |
09/01/2050 |
-1 |
-$120 |
Damaged during assembly |
|
Armchair |
10/01/2050 |
+1 |
+$150 |
Additional item received |
Additional Reminders:
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Ensure physical counts are conducted regularly.
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Maintain clear and organized storage for easy access and auditing.
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Keep the inventory system updated and reconcile with the physical count regularly.
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Utilize reliable security measures to reduce theft.
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In case of significant discrepancies, conduct thorough investigations to identify the cause and rectify the situation.
