Registration And Control Of Merchandise Operations: Procedures

In any business, the record of merchandise operations is one of the most important, since the accuracy of the profit or loss on sales depends on such a record.
For the registration of merchandise operations, there are several procedures, which must be established taking into account the following aspects:
1. Economic capacity of the business
2. Trading volume
3. Clarity in the record
4. Desired information.
Therefore, the procedure that is implemented for the registration of the merchandise must be in accordance with the previous points.
The main procedures that exist are the following:
1. Global procedure or general merchandise
2. Analytical or detailed procedure
3. Perpetual or continuous inventory procedure.
In order to facilitate the study of the different procedures that exist for the registration of goods, it is necessary to know each of the operations that can be carried out with said goods.
The operations that can normally be carried out with the merchandise are the following:
1. Purchases.
2. Purchase expenses.

3. Returns on purchases.
4. Discounts on purchases.
5. Sales.
6. Returns on sales.
7. Discounts on sales.
In addition to the previous operations, the initial and final merchandise inventories must also be considered, because although not They are operations themselves, but stocks of merchandise, they are essential to be able to determine the profit or loss in sales.