Run the year-end stock count

Raw materials, work in progress and finished goods counted and valued for the accounts.

1. Agree the count date with the auditors
2. Stop movements during the count. Most people forget this: Goods moved mid count end up counted twice or not at all
3. Count raw materials and finished goods
4. Value work in progress by stage
5. Recount big differences
6. Post the count and the stock value
7. Approve the stock value (Finance director signs off)

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