Stock Audit
Inventory verified, valued and reconciled — for your bank's drawing power or your own control
- 1PlanLocations and dates agreed.
- 2CountPhysical verification on site.
- 3ReconcileBooks and bank statements matched.
- 4ReportFindings and corrections.
Share your details. We’ll reply on WhatsApp with the next steps and a checklist.
Pick a plan — the fee is adjusted if you hire us within 30 days.
About Stock Audit
A clear overview, in simple terms — what it is, why it matters, and how we handle it.
Differences between the stock statement given to the bank, the books and what's physically in the godown can lead to reduced limits or adverse remarks. We verify physically, value at the right basis, age the stock, and reconcile all three.
For businesses whose bank appoints its own auditor, we prepare the records and statements beforehand.
Banks require periodic stock audits of borrowers with working-capital limits to confirm that the stock and receivables declared in monthly statements exist and are valued correctly, because the drawing power depends on them. Businesses also run their own stock audits to find shrinkage, slow-moving items and valuation errors before year-end.
| Purpose | Confirm stock and drawing power for working-capital limits |
|---|---|
| Checks | Physical count, valuation, ageing, insurance |
| Reconciliation | Bank stock statement vs books vs physical |
| Frequency | As set by the bank; often yearly |
Who this is for
Common scenarios where this service is a good fit.
- Borrowers with cash credit or overdraft limits
- Traders and manufacturers with large inventory
- Businesses with multiple godowns
What you get
Clear deliverables so you know exactly what’s included.
- Physical verification
- Valuation and ageing
- Reconciliation with books and bank statements
- Report with findings
Documents required
A practical checklist. We’ll tell you if anything else is needed based on your case.
Process
A simple, trackable workflow.
Locations and dates agreed.
Physical verification on site.
Books and bank statements matched.
Findings and corrections.
Get a quote
We share a clear quote after a quick checklist pre-check.
- ₹10,000 to ₹50,000 per audit depending on locations and inventory size.
- Physical verification
- Valuation and ageing
- Reconciliation with books and bank statements
- Report with findings
Share your details. We’ll reply on WhatsApp with the next steps and a checklist.
Pick a plan — the fee is adjusted if you hire us within 30 days.
FAQs
Quick answers to common questions.
This page also covers
- Drawing power review
- Checking eligible stock and receivables.
Official sources
Indus Tax is a private professional services firm and is not affiliated with any government authority. Rules and fees change — we confirm current positions before filing.
