Inventory Management Services
π What is Inventory Management?
Inventory management refers to the process of tracking, controlling, and optimizing a companyβs stock of raw materials, work-in-progress (WIP), and finished goods. Efficient inventory management ensures that businesses maintain the right stock levels, reduce wastage, lower carrying costs, and meet customer demand without delays.
For both domestic businesses and multinational corporations, effective inventory management is critical to achieving operational efficiency, cost control, and supply chain optimization.
π Why Do Businesses Need Inventory Management?
- Cost Optimization β Reduce holding, storage, and wastage costs.
- Improved Cash Flow β Free up working capital tied in excess inventory.
- Customer Satisfaction β Ensure timely order fulfillment and avoid stock-outs.
- Data-Driven Decisions β Get real-time visibility into stock movement and demand patterns.
- Global Scalability β Manage inventory across multiple locations, warehouses, and geographies.
- Fraud & Error Reduction β Minimize shrinkage, pilferage, and reporting mismatches.
π Comprehensive Inventory Management Services We Offer
β Inventory Tracking & Recording
- Real-time recording of stock inflow and outflow
- Maintenance of stock registers, item codes, and batch/lot details
- Barcode / RFID-based tracking support
β Inventory Reconciliation
- Physical stock verification vs. system records
- Warehouse-level reconciliation and adjustments
- Identification of discrepancies and corrective action reporting
β Inventory Valuation & Reporting
- FIFO, LIFO, Weighted Average, and Standard Costing methods
- Periodic reporting of stock values for financial reporting
- Support for audit and compliance with IND-AS, IFRS, US GAAP, and Local GAAP
β Order & Supply Chain Management
- Stock forecasting and demand planning
- Safety stock and reorder level management
- Coordination with suppliers and logistics for timely replenishment
β Global Inventory Support
- Multi-location inventory control across APAC, EMEA, AMER, and other regions
- Consolidated inventory reporting for global businesses
- Compliance with region-specific reporting and tax norms
π Technology We Use
Our team is experienced across all major ERP and inventory management tools, enabling seamless tracking, reporting, and reconciliation. We adapt to client systems used in India, Europe, APAC, and AMER, ensuring accurate and real-time inventory management.
π Benefits of Partnering With Us
- Expert CA & CPA-led team for accurate stock valuation
- Compliance with Local GAAP, IFRS, US GAAP, and IND-AS
- End-to-end reconciliation and audit-ready records
- Scalable support for startups, SMEs, and global enterprises
- Transparent reporting for management decision-making
- Reduced stock losses, wastage, and holding costs
- 24/7 availability across time zones
π Our Commitment
At India Stat Filing, we help businesses transform their inventory management by ensuring accuracy, compliance, and efficiency. From daily tracking to global consolidation, we deliver solutions that empower better cash flow, smoother supply chains, and stronger business growth.
π Get Started Today
π Optimize your inventory with our end-to-end Inventory Management Services.
π© Contact India Stat Filing today to simplify and strengthen your stock management.
Multi-Currency Accounting Services
π What is Multi-Currency Accounting?
Multi-currency accounting enables businesses operating across multiple countries to manage financial transactions, reporting, and compliance in different currencies. It involves accurate conversion, consolidation, and reporting of transactions while ensuring adherence to global accounting standards.
For companies engaged in cross-border trade, multinational operations, or foreign subsidiaries, multi-currency accounting is critical to ensure accuracy, transparency, and compliance with local and international regulations.
π Why Do Businesses Need Multi-Currency Accounting?
- Seamless Global Operations β Manage financials across APAC, EMEA, AMER, and other global regions.
- Accurate Exchange Rate Management β Real-time currency conversions and adjustments.
- Regulatory Compliance β Reporting as per IFRS, US GAAP, IND-AS, and Local GAAP.
- Better Financial Insights β Consolidated financial statements across geographies.
- Reduced Risks β Mitigate risks from exchange rate fluctuations and translation errors.
- Investor Confidence β Transparent and standardized reporting for stakeholders worldwide.
π Comprehensive Multi-Currency Accounting Services We Offer
β Transaction Recording & Conversion
- Recording transactions in multiple currencies
- Automatic conversion using real-time or standard exchange rates
- Adjustment entries for foreign exchange gains and losses
β Multi-Currency Reconciliations
- Bank reconciliation for accounts in foreign currencies
- Vendor and customer reconciliation across multiple regions
- Intercompany reconciliation for global subsidiaries
β Multi-Currency Financial Reporting
- Consolidated financial statements for group entities
- Translation adjustments for reporting currency
- Profit & loss, balance sheet, and trial balance in multiple currencies
- Customized MIS reports for regional and global management
β Compliance & Audit Support
- Ensuring compliance with Local GAAP, IFRS, US GAAP, IND-AS
- Preparation of audit-ready books with foreign currency disclosures
- Assistance in internal and statutory audits for multi-currency operations
β Specialized Global Business Support
- Handling cross-border invoicing and collections
- Multi-currency payroll management for global employees
- Tax-ready financials for global subsidiaries and foreign branches
π Technology We Use
We are experienced in all leading accounting and ERP tools that support multi-currency environments. Our expertise spans systems used in India, Europe, APAC, and AMER, ensuring seamless integration with your existing platforms.
π Benefits of Partnering With Us
- CA & CPA-led team with global finance expertise
- End-to-end multi-currency transaction and reporting support
- Region-specific compliance for smooth global operations
- Accurate FX gain/loss accounting and adjustments
- 24/7 support across time zones
- Scalable services for startups, SMEs, and multinational corporations
π Our Commitment
At India Stat Filing, we ensure that your financial operations remain accurate, compliant, and globally aligned. With expertise in managing complex multi-currency environments, we deliver transparent reporting, reduce compliance risks, and provide reliable support for businesses expanding worldwide.
π Get Started Today
π Simplify your global financial operations with our Multi-Currency Accounting Services.
π© Contact India Stat Filing today for seamless and compliant accounting across borders.