Here at Taxtube, we have professional inventory verification services that allow you to keep proper stock records and thus ensure that your inventory management is efficient.

Our detailed approach gives you clarity in your inventory status, avoiding loss, saving optimum storage space, and informed decision-making.

Our Inventory Verification Services

Physical Stock Count

Conducting proper physical auditing of the inventory to match actual stock levels with recorded data. This identifies discrepancies so that correct reporting is done.

2. Record Reconciliation

• Physical inventory comparison with accounting and stock management systems.
• Correction of errors in stock valuation or quantity.

3. Stock Valuation

• Determining the value of your inventory using market rates, purchase costs, and usage.
• Accurate data for financial reporting and tax compliance.

4. Inventory tracking & Categorization

• Inventory categorization for better tracking and reporting.
• Proper labeling and identification of stock items.

5. Shrinkage and Damage Analysis

• Identification and documentation of losses attributed to shrinkage, damage, or expiration Providing guidelines for the mitigation of future losses.

6. Compliance to Standards

• UAE financial and regulatory standards-compliant inventory procedures
• Audit-ready reports for reviews from outside audits.