How to identify the Batch How many skus in previous company of the company To follow the fifo method

Question

Accepted Answer

To identify the batch and follow FIFO method, determine the number of SKUs in the previous company.

Review the records and documentation of the previous company to identify the number of SKUs.
Check inventory management systems or software used by the previous company for SKU information.
Contact former employees or colleagues from the previous company who may have knowledge of the SKUs.
Analyze sales and purchase data to determine the variety and quantity of SKUs in the previous company.
Consider conducting a physical inventory count or audit to accurately identify the SKUs.

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