It's a common issue faced by many Parts Departments, but fortunately, there's a straightforward solution: monthly reconciliations.
While most Parts Departments traditionally reconcile their accounts annually, addressing recurring issues requires a more frequent examination of your automotive parts inventory. Monthly reconciliations prove effective in identifying patterns, facilitating the discovery of the root causes of discrepancies, given that all transactions occurred within the past month.
Conducting a physical count of your inventory 12 times a year is impractical for your team. The good news is that a reconciliation doesn't necessitate a full physical count, providing a more efficient way to address and rectify discrepancies.
Have a question or need to schedule an appointment? Contact us today and we'll be happy to assist you.
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