Annual Audit: Checklist for Textile & Apparel Businesses (35 Items)

💡 Compare financial reports in ERP with accounting records

💡 Ensure FIFO, LIFO or average cost methods are correctly applied

💡 Check aging reports in ERP against customer and supplier records

💡 Compare tax module data in ERP with official returns

💡 Ensure cash flow module in ERP is synchronized with actual data

💡 Check cost center allocations in ERP against production records

💡 Ensure bank integration module in ERP is functioning correctly

💡 Verify stock module data in ERP against warehouse inventory

💡 Use inventory aging reports in ERP

💡 Analyze inventory performance metrics in ERP

💡 Check quality management module data in ERP

💡 Use inventory optimization tools in ERP

💡 Analyze warehouse management module data in ERP

💡 Examine inventory movement reports in ERP

💡 Check production planning module performance in ERP

💡 Use supplier management module reports in ERP

💡 Check quality management system in ERP

💡 Verify cost accounting module data in ERP

💡 Check maintenance management module records in ERP

💡 Use supply chain analytics tools in ERP

💡 Examine production performance dashboards in ERP

💡 Use sales analytics reports in ERP

💡 Evaluate CRM module feedback in ERP

💡 Check pricing and margin analysis in ERP

💡 Assess order management module performance in ERP

💡 Analyze accounts receivable management reports in ERP

💡 Check performance of forecasting tools in ERP

💡 Examine service management module records in ERP

💡 Ensure ERP backup plans are regularly tested

💡 Check role-based access settings in ERP

💡 Use ERP system monitoring tools

💡 Examine API and integration logs in ERP

💡 Check ERP version management policies

💡 Ensure ERP disaster recovery scenarios are tested

💡 Analyze ERP user adoption rates