Stock Verification

[Anurudh Kumar]

Just i am asking about the library stock verification, MRP price and also discount price should write in stock register. AT the time of stock verification discount price should be match with account department statement yearly. Please let me guide about this

[Dr. Badan Barman]

Yes, I thing writing MRP price and also discount price in stock register is not a bad idea (But i don't follow the maintainance of stock register, when there is already an Accession Register). But, for annual stock verification (each and every time) what's the need of going through account department? I thing for the first time its ok, but for subsequent stock verification it should be left out.

[Anurudh Kumar]

I know I have also Accession Register. I want just asking in Accession Register Column of Discount or MRP What you write MRP or Discount. Should it match with the account department at the time of stock verification. I have no any stock register just have a accession register

[G. Chandra Shekar]

It is better if you write Net amount i.e., after discounted amount instead of MRP. Why because if you have a purchase dept. less quote vendor they accept and askaccounts people to pay the same amount, means accounts will maintains the same record what they have paid aginst to quoted invoice, even though they are having the MRP amount. For more clarification write Net amount with your Purchase Order Number and Invoice number if you have any supporting document. Needs any further clarification continue your discussion.

Regards

G A D H A R I
http://gadhariblog.blogspot.com/

[Anurudh Kumar]

Thank you sir


Anurudh Kumar
Librarian
Gurgaon College of Engg for Women
www.libraiananurudh.com

[Major Singh Padam]

As i know we should write MRP price of book in stock register. Discount price should not be. In library stock verification, we have to counted books only not price of books. When stock verification is completed. We should prepare list of actual missing books with price (MRP).

[prabha Tendolkar]

when you maintain the accession register that time only you can have cost of the book one colum and price of the book.you have write both  prices MRp as well as discounted price. but generally vendor give discount on total bill not on each book.and and i dont feel it is necessary to know the price and cost in the stock verification.if book is lost then only you have see the actual price  of the book.. dicounted amount will give the actual amount you have spent on the purchase .