What Is Stock On Hand?

Posted 7/10/2008 Updated 3/03/2011 Tags: Accounting Stock  

Stock on Hand is accounted for at the end of each financial year. The reason this is included is because the purchase of goods has been claimed for but you haven't sold the stock yet - it is still available for sale.... more

Does your accountant bill you for every time you ask a question? Talking with us at Kiwitax is always free! Get a quote for your 2012 accounting & income tax. Click here to request one now and start saving on accounting costs!

Tags

Accounting Business Claimable Expenses Contractors Depreciation Drawings Employing Family Home FBT Gifts GST Income Tax Inland Revenue Interest LAQC Loans LTC Overseas Income PAYE Provisional Tax Record Keeping Rental Property Salary & Wages Schedular Payments Shareholders Stock Structures Tax Agents Tax Compliance Tax Refunds Tax Returns Terminology Vehicles Weblinks Withholding Tax

Have Questions?

We're always happy to help and talking with us is always free. Please ask us

Top

 

Contact Us

Call In

  • 8.30am - 5pm Mon-Fri
  • 122 Taradale Road (Map)
  • Napier, Hawkes Bay
  • New Zealand

Mail To

  • Freepost Kiwitax
  • PO Box 3035
  • Napier 4142
  • New Zealand