A business inventory appraisal form is basically used to keep a track of the business equipment. The equipment for which track is kept through these forms can be computers, valuable items, or any costly item that belong to a business firm. Mostly in these forms equipment are documented along with their cost.
The major purpose served by this form is that it is helpful to get the business equipment insured. Business firms list all their valuable items with their cost in the business inventory appraisal form and then get it verified by a professional appraiser. This information is then used to insure the listed equipment. However, this information can also be used for many other business purposes.
While compiling these types of Business inventory appraisal form, one must record the cost of the items based on current costing and not on the basis of the cost at which the item was originally purchased by the firms.
You can Download the Free Printable Business Inventory Appraisal Form customize it according to your needs and Print. Printable Business Inventory Appraisal Form is either in MS Word, Excel or in PDF.