Lesson Notes By Weeks and Term - Senior Secondary 2

PRESENTATION

TEACHER’S ACTIVITY

STUDENT’S

ACTIVITY

STEP 1

INTRODUCTION

The teacher describes the importance of each documents used in store keeping

Students as a class are shown store keeping documents                                                                                      

STEP 2

NOTE TAKING

The teacher writes a summarized

note on the board

The students

copy the note in

their books

Storekeeping document

Importance

Stock Ledger

It provides visibility into stock levels, helps in inventory reconciliation, facilitates accurate financial reporting, and enables effective inventory management and control.

Material Requisition Note (MRN)

They ensure that materials are requested and transferred according to the organization's needs, helping to maintain adequate stock levels, minimize stockouts, and streamline internal processes.

Bin card

They facilitate efficient stock monitoring, prevent overstocking or stockouts, aid in inventory valuation, and support decision-making related to stock replenishment and reorder quantities.

Purchase Order (PO)

They establish a contractual agreement between the buyer and supplier, clarify expectations, prevent misunderstandings, and provide documentation for accounting and auditing purposes.

Goods Received Note (GRN)

GRNs serve as proof of receipt of goods from suppliers, verifying that the items received match the details specified in the purchase order

Delivery Note

Delivery notes accompany shipments of goods to customers, providing details of items delivered and serving as proof of delivery.

Material Return Note

They help in documenting and tracking returns, ensuring proper authorization and approval, facilitating refunds or replacements, and maintaining accurate inventory records and financial accountability.

Stock Requisition Form

 They help in preventing stockouts, optimizing inventory levels, ensuring timely stock replenishment, and supporting efficient inventory management and control.