stores record card

stores record card


bin card

a paper or computer record which is kept for each STOCK item held by a firm showing the balance in hand, details of stock received and issued, stock reserved to meet current production orders and the residual balance which is free for future use.

The information contained in stores record cards, when supplemented by data on the prices of stock items, forms the basis for stores ledger records.

Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
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