What Is Property Checking?

1, meaning:

Property checking refers to a special method to determine whether the number of accounts is in line with the number of real accounts by checking or checking the money, physical assets and pactions.

2. Cause of inconsistent accounts.

(1) when the goods and materials are received, the quantity or quality of the species is wrong due to inaccuracy in measurement and inspection.

(2) there are omission, repetition, error or calculation errors in the vouchers and accounts.

(3) natural wastage occurred during the storage of property and materials.

(4) due to the timely delivery of settlement documents, the outstanding accounts were not reached.

(5) due to poor management or staff

(6) loss of property and material due to malpractices of corrupt elements, corruption and theft.

(7) the loss of property and materials caused by natural disasters and accidents.

3. The significance of property inspection

(1) is conducive to ensuring accounting.

(2) it helps to tap the potential of property and materials and speed up capital turnover.

(3) to protect the safety and integrity of property and materials.

(4) it is conducive to the maintenance of financial discipline and settlement system.