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General Accounting Discussions: Stock movement during the quarter

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    • CommentAuthorJim32
    • CommentTimeFeb 8th 2010
     
    I need some advice regarding the movement of stock figures each quarter and how this affect budgets?

    For example if say for the third quarter of the financial year the stock of stationery was reported to be £5000 and allocated to an expenditure account. If for the fourth quarter, no stationery was reported then it would be considered that £5000 worth of stationery has been consumed?

    Could someone please expand on the process involved? Many thanks.

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