Hi, Can someone tell me exactly what "stock taking" means? I think its purpose is to check the balance remaining of a particular item after supplying right? Thank you all for your feedback, nunudada
stockĀ·takĀ·ing (stktkng) n. 1. A reappraisal of a situation, a person, or one's own position or prospects. 2. The act or process of inventorying merchandise or the supplies on hand.