The inventory and therefore your inventory list includes the assets (fixed assets and current assets) and the debts of your company. It is best to list both intangible and tangible assets . Debts follow in another inventory list.
Fixed assets include assets that are permanently mexico rcs data used for the business operations of your company. These can be real estate, machinery, technical equipment, vehicles, office furniture, financial assets or intangible rights and values such as patents.
Current assets represent all assets that are only available to the company for a short period of time for sale, consumption, further processing or repayment. These are usually the basis (e.g. raw materials and energy sources in stock) or the result (e.g. finished products, bank balances, accounts receivable) of the production process.
This does not need to be inventoried
You do not need to inventory short-lived consumables that lose their value within 12 months or are destroyed through use. These include, for example, printer cartridges, hygiene products or food, regardless of the purchase price.
Types of Inventory
First of all, the inventory differs depending on whether you are recording tangible or intangible assets. For physical stocks, you have to carry out a physical inventory once a year , in which you count, measure or weigh all the goods in your warehouse, for example. In contrast, with the book inventory , you record the intangible assets, which can be traced using accounting documents such as bank statements and invoices.