Dear Team,
the above subject mention, now we have taken physical inventory and found excess stock as compare to ER-1.
so that request you to, please guide to me how the adjust excess inventory, any rule for the this transaction
kindly provide at the earliest.
Regards,
Pradip
Guidance on Adjusting Excess Inventory Discovered During Stock Check: Contact Range Officer to Correct ER-1 Report A participant raised a query about handling excess inventory found during a physical stock check compared to the ER-1 report. They sought guidance on adjusting this discrepancy. A respondent advised adding the excess stock to production for the month it was discovered. When the issue of excess closing stock in ER-1 was clarified, the respondent suggested contacting the Range Officer to correct the ER-1 error and recommended filing a revised ER-1, either electronically or manually. (AI Summary)