<ounting for Stores 25 



rr a stock production orJrr or a customer*! 

 r Most accounting systems have standing 

 order numbers h expense or indirect 



il, i.e., material which go dire 



', may be charged. It is quite as much 



a function of the storeroom to furnish the basis 



for the cost records as it is to keep the material : 



the maintenance of a storeroom would be 



! the former purpose only. 



Section IV 

 Issuing and Accounting for Stores 



Hi-ing of Material from Stores. In the 

 foregoing sections \\t h.ivc considered the order- 

 ing of material, the receiving and inspecting of it. 

 the carrying of it in stores. Receiving and 

 storing material involve less work and simpler 

 operations than its delivery to the shop and the 

 proper accounting of these deliveries. Material 

 goes into storage in large quantities. It is usually 

 .Jr.iun irregularly and in varying quantities, 

 small ones. Every one of these issues 

 should be made promptly and accurately recorded 

 As there are many more issues than receipts there 

 is greater danger of mistakes. 



'froom and Requisition Forms. The form 



requisitions for withdrawing material from 



stores varies grea h different production 



methods and cost accounting systems. We give a 



simple examples which will illustrate the 



