‭ verarching link checks‬ O ‭The overarching context controls normally serve to complement and test the daily‬ ‭c ontrol measures and cover the actions of both those who carry out the purchase‬ ‭and sale transactions and those who have to account for the outgoing or incoming‬ ‭equivalents.‬‭This is therefore not an (independent)‬‭information need regarding‬ ‭stocks. It is a precondition that‬‭must be met. The means to this end lies in‬ ‭establishing‬‭a link between inventory administration and asset accounting‬ ‭administration.‬‭This 'material connection check', as it were, constitutes the‬ ‭repressive‬‭overall overarching of the previous (preventive) internal detailed control‬ ‭which‬‭normally takes place when carrying out the individual changes, and also‬ ‭supports the control of the custodians mentioned under point c. Such a total‬ ‭umbrella was primarily‬‭important for management of‬‭the company, but is also of‬ ‭great significance for the accountant.‬ ‭ he forms of stock administration/level of detail‬ T ‭In principle possible four‬‭forms of detailing are‬‭distinguished, namely:‬ ‭-‬ R ‭ egistration of the stock on a limited number of control accounts in cash totals‬ ‭Titleist‬‭father‬‭detailing in case of limitation of the stock administration extends‬ ‭to‬‭keeping only one or a few collective accounts‬‭. The‬‭goods will then be treated‬ ‭at the same time the account is administered, a “‬‭common measure" has‬‭to be‬ ‭found. Only when the differences in unit prices of the goods administered on the‬ ‭same account are of negligible significance, that 'common measure' would be a‬ ‭physical quantity can be; in all other cases a conversion into money will have to‬ ‭be made.‬‭If one wants to prevent mixed invoices from‬‭arising, the debit items‬ ‭and the additional items will have to be calculated on the same price‬ ‭basis.‬‭The balances of the accounts then indicate the‬‭size of the stocks,‬ ‭expressed in money. All articles must be included simultaneously.‬‭Random‬ ‭testing of individual items is not possible with stock registration in cash totals‬‭.‬ ‭-‬ R ‭ egistration on invoices per item type‬ ‭A significant improvement in the provision of information regarding stocks can‬ ‭be achieved if the detail is increased in such a way that a separate account is‬ ‭maintained for each item type that can be technically distinguished from the‬ ‭others. A stock administration set up in this way can be maintained for each‬ ‭type of article in the most efficient unit for that type and can provide all data‬ ‭necessary for efficient regulation of the flow of goods. If desired, the inventory‬ ‭c an be carried out on a rotating basis, whereby only the stock of a limited‬ ‭number of item types needs to be included each time. Checking the‬ ‭accountability of the considerations can only take place if, in addition to the‬ ‭quantities, the corresponding sales amounts are also recorded in the stock‬ ‭registration.‬ ‭-‬ R ‭ egistration per party‬ ‭Another type of registration is registration per batch (so-called batch‬ ‭administration). In a number of cases this party administration is one further‬ ‭detail of a stock registration initially classified by item types.‬‭Each purchasing‬ ‭(or production) party is involved in this‬‭spatiala in the information system of‬‭the‬ ‭rest divorced held. Registration per party usually takes place at non-fungible‬ ‭ oods and‬‭in practice, apart from the exceptions mentioned below, it is almost‬ g ‭only applied to:‬ ‭O‬ ‭The trade in natural‬‭products,‬‭and‬ ‭O‬‭In cases where the individual parties are clear differences that must also be‬ ‭taken into account when selling or consuming, as well as‬ ‭O‬‭In cases where it makes sense one purchasing‬‭result per purchased lot to‬‭be‬ ‭determined (for example when selling lots of old drums, rags, etc.).‬ ‭ rading companies can easily do this by registering purchase and sales amounts in‬ T ‭addition‬ ‭to quantities financial‬‭results for each party be‬‭determined separately.‬