Inventory Discrepancy Log
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:
-
Ensure physical counts are conducted regularly.
-
Maintain clear and organized storage for easy access and auditing.
-
Keep the inventory system updated and reconcile with the physical count regularly.
-
Utilize reliable security measures to reduce theft.
-
In case of significant discrepancies, conduct thorough investigations to identify the cause and rectify the situation.