Book Inventory

Book Inventory - The book inventory is the available stock on hand at the time the stock is accounted for, and in balance with what is recorded in the accounting book. In large companies, the actual inventory counted and the actual book value may differ or be out by a bit, as very often, the large corporations find it very difficult to keep an exact record of what stock is on hand at any given time. Keeping book involves keeping a continuous record of stock on hand against what is available for purchase; therefore bigger companies are often out by a little here and there.