Stock Ledger

A stock ledger is a detailed record used by companies to track their inventory or stock of goods. It includes information about the quantity, cost, and movement of items, documenting all transactions such as purchases, sales, and returns. This helps businesses manage their stock levels, ensure accurate financial reporting, and make informed decisions about production and sales. Essentially, it acts like a bank account for inventory, showing how much is available, what was sold, and what needs to be reordered, helping companies maintain efficiency and avoid shortages or excesses.