Our Services
Having regular stock audits is a great asset to your business which will help maximise your revenue and profit potential, whilst minimising losses. With years of specialist experience in auditing for the licensed trade, Prings Stock Auditors can assist and interpret results to help improve your businesses future performance.
Our onsite service can provide you with a printed result the same day, any facts and findings can be verified at the time whilst the auditor is still present and able to discuss it. Additionally results can be emailed instantaneously, meaning that others such as head office receive reports without delay.
Stocktakes are more than just a count and valuation of your inventory, our method is to conduct a thorough audit of your stock that analyses each purchase and sale, comparing stock consumption with your actual takings to produce a cash surplus/deficit and Gross Profit margin. Monitoring the Gross Profit on each product, allows immediate action on any cost price increases to maintain margins.
If you have an itemised till or EPOS system, we can provide you with a PLU variance report that makes a comparison between products used to those inputted into the till. This report pinpoints any variances by showing a surplus/deficit for each product, highlighting any problem areas.
A selection of services we offer are:
- Full single bar multi bar Liquor stock audits.
- Full food stock audits.
- Change of ownership valuations.
- Cash Reconciliations.
- Year end certification.
- Company Summaries.
- Spirit strength testing.
