Overview
The physical inventory count process takes place as a regular or one-time control of the procedure to assess the current stock and quality of goods. It is carried out for each storage location (warehouse) separately. During the inventory count process, each physical good is counted and recorded in the inventory count sheet. You can carry out inventory count for all goods or only for samples of goods (selective inventory count). The inventory count process at the storage location (warehouse) usually consists of the following steps: