Distinguish between Bin card and store ledger?

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1225121

2026-05-12 14:05

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Following are the main differences between bin card and store ledger.

1.User

Bin card is maintained by the storekeeper. Store ledger is prepared by cost accounting department.

2. Nature

Bin card is a record of quantity only. Store ledger is a record of quantities and values.

3. Period

In bin card, entries are made immediately after each transaction. In store ledger, entries are made periodically.

4. Posting

Postings are made before a transaction in bin card. Posting are made after a transaction in store ledger.

5. Using Department

Bin card is kept inside the store. Store ledger is kept outside the store

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