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Business management

Inventory

Definition

The inventory is the physical count of stock at a given date, reconciled with the theoretical quantities in the register. The French Commercial Code (article L123-12) requires every trader to take an inventory at least once a year to draw up the accounts; for a pyrotechnician it also serves to verify the in-and-out register required by magazine regulations and to make sure the net explosive content held stays under the declared threshold. Discrepancies have precise causes: fired products not booked out, show returns not booked back in, breakage, duds disposed of without a record, or theft, which must be reported to the authorities without delay. An inventory is best taken at the end of the season, before spring orders, and by batch so as to spot articles nearing expiry.

In practice, for the display company

Counting three hundred references by hand on a spreadsheet is the October Saturday nobody enjoys. PyroDesk provides a count sheet per location, fills in on a phone, computes discrepancies against the register, suggests the adjustments and exports the stock valuation for the accountant.

Related terms

Business management

PyroDesk

No credit card. On computer, tablet and phone.

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