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

Total station, describe in detail the various parts of a total station

describe in detail the various parts of a total station

Evaluate dimensions of apron according to spring and gale, Q. Evaluate dime...

Q. Evaluate dimensions of apron according to Spring and Gales? Dimensions of apron according to Spring and Gales. Gales and Sethi favoured uniform thickness of laid apron while

Poly tetra fluoro ethylene (PTFE) is used in sliding bearing, Question W...

Question Why Poly tetra fluoro ethylene (PTFE) is usually used in sliding bearings? Answer The choice of sliding surface of bearings is of very important importance sinc

Classification of timber based on mode of growth, Classification Based on M...

Classification Based on Mode of Growth: On the basis of mode of growth trees are classified as (a) Exogeneous and (b) Endogeneous (a) Exogeneous Trees: These trees grow outwa

Explain the term- shrinkage of concrete, LOSS OF PRESTRESS DUE TO SHRINKAG...

LOSS OF PRESTRESS DUE TO SHRINKAGE OF CONCRETE We know that concrete shrinks in volume when it dries up. This volume reduction takes place in the form of reduction of all dime

Avoidance of designing acute angle of concrete pavement, Q. Avoidance of de...

Q. Avoidance of designing acute angle of concrete pavement The stress persuaded in acute angle corners of concrete pavement is far much higher than right-angle corners of the

Soil compaction, Soil Compaction: Soils used in road construction nee...

Soil Compaction: Soils used in road construction need to be thoroughly rolled and compacted. Compaction of soil is needed for the following reasons. (a) A well compacted s

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