Inventory accounting

All data transmitted to UCATS from its clients, along with copies of completed jobs, is archieved at a secure data storage site for a period of seven years with a copy provided to our clients upon request.


We follow the following process for inventory accounting:

You provide us with a listing of all product numbers in inventory and a count of the number of each product. UCATS can assist you in obtaining this information.

You provide reports of inventory sold and inventory purchased (exact method determined by your individual needs and systems).

Annual physical inventory to be taken by you with our assistance.

UCATS reconciles physical inventories to accounting system inventory and prepares any adjustments necessary.

We further provide the information in the format instructed by you. We may also complete the necessary statutory forms to help you file required returns on time.

We also prepare reports and analysis to assist our clients in making the most of their financial information and records.