Many stock differences are records that missed a movement, not theft. A cause-finder table, a worked example from a Lagos mini-mart and the ArmPOS records to check first.
Stock that will sell for less than it cost is cut to its net realisable value. A Lagos phone shop's quarter-end test line by line, the entry, the reversal a quarter later, and the steps in ArmPOS.
Reconcile line by line, never by the total: the roll-forward formula, a worked example from an Accra provisions shop, and how to match the stock value to your books.
Inventory liquidation turns stock that has stopped selling into cash. A Kampala example finds the lowest price worth taking, compares three ways to sell, and books the loss.
Seven ways to pay for stock, priced as yearly rates from Uganda's and Kenya's latest lending rates and lenders' own fees, with one UGX 20 million December order costed five ways.
The four types every list gives, the four IFRS actually uses, where MRO and goods for resale fit, six trades' goods sorted, and a Kigali furniture workshop's stock valued type by type.
Stock divided by working capital, worked for a Dar es Salaam wholesaler in shillings: why 1 is the line that matters, and how credit, sales and loans move the ratio.
What IFRS calls an inventory reserve, why a flat 2% of all stock doesn't pass, and how a Nairobi shop sizes one by age band from its own clearance prices, with a month of entries.
Stock that is gone or worth nothing comes off the books at cost, in the month it happens. A Kampala minimarket's month of losses, the journal entry, the tax effect and the steps in ArmPOS.
Dead stock is stock with no sale in 90 days or more. Here is how to find it, what it really costs at cost price, and the ways out that suit an African shop.
Closing stock sets taxable profit, unless you pay tax on turnover. The rules in eight African countries, a worked KES example, and the legal ways stock lowers your bill.
A Kampala wholesaler makes UGX 60 million of profit and sees UGX 25 million of cash. Its 89-day cash cycle worked out, each day priced, and three changes that free UGX 77 million.
