E-commerce · Evidence
Inventory purchase and receipt tracing
Published · Reviewed by The Diligence Standard Team · Updated
Inventory value requires proof of purchase, receipt, ownership, location, age and sellability.
Records to reconcile
- Supplier purchase orders and invoices
- Receiving and warehouse records
- SKU inventory ledger and sales history
Warning signal
Units exist in a report but cannot be tied to receipts, ownership or recent sell-through.
Transaction impact
Purchase price and required working capital may include obsolete or unsupported inventory.
Response
Reconcile quantities and landed cost, then value aged and restricted units separately.