The document discusses the basic concepts and procedures for maintaining accurate inventory records in a store, including individually posting receipt entries, periodically posting entries, and basing entries on quantities received as supported by documentation like bin cards. Maintaining such records helps control costs, ensure accuracy, and keep materials and profit/loss information up to date.

1. Store keeper technical

2. . Entries Entries are
posted individually .
Entries are posted
periodically . Basic of
entries Entries are made
on the basis of the
quantity received Entries
are supported by

3. record 3. Ordering level
4. Verification 5 . 6.
Perpetual Inventory 7.
Interim profit / loss 8.
Accuracy 9. Up - to -
date record 10. Control
material cost XYZ
Limited Bin card Helps in