from a financial point of view.

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The continuous overview of stocks helps: determine the value of the inventory , manage and control budget effectively and calculate costs . The results of the inventory therefore also play a crucial role in improving the profitability of a catering business . They give you the opportunity to azerbaijan phone data closely examine the inventory and financial situation of your catering business, uncover potential weak points and increase your operational efficiency. Is an inventory mandatory in the catering industry? In principle, there is no legal obligation to take inventory in the catering industry in Germany . The inventory obligation for companies is regulated by the German Commercial Code (HGB). According to the German Commercial Code (HGB), companies that prepare financial statements – i.e. corporations such as GmbH and AG as well as registered partnerships such as OHG and KG – are generally obliged to carry out an annual inventory in order to prepare the annual financial statements.

Sole proprietorships and certain partnerships not registered in the commercial register (e.g. some forms of GbR), which often include restaurateurs, can be exempted from the obligation to prepare financial statements and thus indirectly also from the obligation to take inventory under certain conditions. This exemption applies if the threshold values ​​for sales revenue and annual profit set out in the German Commercial Code (HGB) are not exceeded in two consecutive financial years : sales revenues of no more than 600,000 euros annual profit of no more than 60,000 euros But even without a legal obligation, regular inventory in the catering industry is an important part of successful business management . The most important inventory procedures for the catering industry There are various suitable inventory procedures available for carrying out an inventory in the catering industry: Permanent inventory: Permanent inventory is a continuous recording of inventory changes . It is carried out regularly and continuously so that an up-to-date overview of the stock levels is always guaranteed. The continuous monitoring of incoming and outgoing items means that the inventory data is always up-to-date. However, it requires a high level of organizational effort to introduce and maintain the regular procedure.