Inventory Services
Service Types
For perpetual inventory systems we offer:
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Physical counting, data collection, and updating of inventory records;
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Conversion from a periodic system to a perpetual system;
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Cycle counts for businesses that use a perpetual system;
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Calculations for the auto-reorder function, such as EOQ, lead time stock, and emergency stock.
For periodic inventory systems we offer:
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Physical counting and totaling of on-hand inventory value;
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Conversion from a periodic system to a perpetual system.
Other services offered:
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Business Valuation
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Removal and processing of dated or recalled merchandise returnable to the manufacturer (pharmacies only).
Company Policies
Company Policy: Delivery of Service
Inventory services are delivered by a DearAccountant Liaison (usually an accountant or other financial professional) or by a team of associates supervised by a Liaison. The Liaison's job is to ensure that the agreed upon procedures are performed according to the client’s wishes as stated in the written service agreement.
Company Policy: Our As-Needed Associates are Business, Law, and Medical Students
The associates who help us on an as-needed basis with large inventory service jobs are students from schools of business, law, medicine, and pharmacy. The individuals from these institutions have characteristics that benefit the client:
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They comprehend Instructions well;
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They communicate in an understandable and timely manner;
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They wish to be perceived as capable.
Associates are required to provide documentation of having passed a recent drug test. When making hiring decisions we consider verifiable employment references, police history, and credit history.
Company Policy: Insurance Policies, Surety Bonds, Performance Bonds
When providing inventory services, DearAccountant is covered by the following insurance products:
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General Liability - to protect against any physical damage or liability arising from DearAccountant® being at the job site;
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Workers' Compensation - to protect the client against a DearAccountant® employee/contractor being injured while working at the job site;
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A Surety Bond - to protect the client against a DearAccountant® employee/contractor taking property from the job site;
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A Business Performance Bond - to provide assurance to the client that DearAccountant® will perform as advertised;
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Personal and Advertising Injury Coverage - to cover DearAccountant® from any violations of confidentiality (i.e., HIPPA Code violations) caused by one of our employees/contractors.
