At HandiFox, we take our time to analyze and share with you the best practices for your business –so, this blog centers around the importance of inventory counting and how to make it as painless as possible.
Why you should keep stock counts accurate
Keeping your inventory counts accurate is absolutely essential to the health and profitability of your business for a number of reasons:
How to properly do inventory counting
It goes without saying that an accurate physical inventory count takes a great deal of effort and time.
It usually starts with identifying:
What’s left to do is to settle on when and how to do that.
That is, perhaps, the shortest rundown of the process. Given data entry and the final tally are done manually and eventually you have to deal with the inventory counting report in the form of a huge spreadsheet, inventory counting can be a real pain in the neck!
How you can get rid of inventory counting headaches
If you want to have a trusted picture of your current inventory levels and accounting, but you definitely don’t want inventory counting to steal that much time from you, it’s time you settled for an automated inventory management system, like HandiFox. By making a clean break from Excel spreadsheets and manual data entry you will reduce human errors, maximize your employees’ time and, surely, make the task of inventory counting much less exasperating and time-consuming.
Once you have scanned all the information from barcodes into HandiFox and further into QuickBooks, you can really keep track of what you have and have a better vision of what you want to do with it.
To learn more about how inventory counting can be done with HandiFox, please check out How to speed up inventory counting with HandiFox inventory software.