What do you mean by stock verification sheets, Civil Engineering

Assignment Help:

Q. What do you mean by Stock Verification Sheets?

The proper custody and accountal of stores is the prime duty and function of an executive or the stockholder. To ensure this verification of stock is done either departmentally or by the Accounts stock verifier. The stock verification sheets are prepared giving the numerical balances of items as in the ledgers and actual stock. The verification between ledger balances and actual stock are clearly brought out. The verifier and the stockholder jointly sign these sheets.

One copy of the sheet is kept with the stock verifier and three copies are handed over to the stockholder. The stock holder is required to offer his explanation for variation and recon cite the discrepancies and submit the sheets in duplicate to the divisional office for scrutiny and acceptance. These sheets are then forwarded by divisional office along with their remark to the Accounts.

Clearance of out standing S.V. Sheets is closely watched by the department and also by accounts. At the time of handing over charge the stock holder is required to clear the out standing S.V. Sheets for any reason the same should be recorded in the handing over notes by the stock holder.


Related Discussions:- What do you mean by stock verification sheets

Show the benefits of adopting marine fill, In reclamation involving large v...

In reclamation involving large volumes of fill and tight programme, shall engineers use marine fill or mud extracted from land borrow area as filling material?  There are two

Depth of boring for multi-storeyed building, Depth of Boring  for Multi-st...

Depth of Boring  for Multi-storeyed Building Peck has recommended that first drill hole is to be made up to depth at which the presence of a thick layer of soft clay with a hig

Solid mensuration, Ask question #MiniThe base of an isosceles triangle and ...

Ask question #MiniThe base of an isosceles triangle and the altitude drawn from one of the congruent sides are equal to 18cm and 15cm, respectively. Find the lengths of the sides o

Length is constructed in first phase of construction, In construction of a ...

In construction of a two-span bridge (span length = L) by using span-by-span construction, why is the length of about 1.25L bridge segment is constructed in first phase of construc

Environmental engineering., Solve the following problems and show all steps...

Solve the following problems and show all steps and calculations clearly: 1. A water treatment plant uses a dual media filter. The two media used are: a) Anthracite coal with ef

Important items during level crossing inspection, Q.7.- Write the important...

Q.7.- Write the important items to be inspected during level Crossing inspection. How do you take census of traffic at level crossing. Ans.-Important items to be inspected duri

What is switch and expansion joint, Q. What is Switch and Expansion Joint? ...

Q. What is Switch and Expansion Joint? Switch Expansion, Joint (SEJ) is an expansion joint installed at each end of LWR/CWR to permit expansion/contraction of the adjoining bre

PORTAL FRAME, EXPLAIN SITUATION OF THE PORTAL FRAME CAN CAUSE SWAY WITH THE...

EXPLAIN SITUATION OF THE PORTAL FRAME CAN CAUSE SWAY WITH THE AID OF A DIGRAM

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd