Inventory - how to add range of items and reduce the probability of human error?

1. Which inventory method removes human errors?
2. How would you deal with an inventory error?

Which inventory method removes human errors?

One of the easiest ways to prevent inventory errors of the human variety is by using inventory management software. Modern software solutions utilize barcode scanning or RFID technology to track items as they move through your warehouse and inventory.

How would you deal with an inventory error?

For example, if you incorrectly overstated an inventory purchase, debit your cash account by the amount of the overstatement and credit your inventory for the same amount. If there is an understatement of an inventory purchase, debit inventory in the amount of the understatement and credit cash for an equal amount.