What records do auditors usually ask for about scrap and waste?
Short answer: Auditors commonly ask for a register of material removed, supporting weight dockets and invoices, the identity and licences of the people who took it, and evidence that the figures in a report match the underlying documents, so if you can show a clean trail from report figure to docket, an audit of your scrap stream is usually straightforward.
Need a documented sale? Every ScrapTrade trade is recorded.
List Free →A register and the documents behind it
Auditors usually start with the summary and then pick a few lines to trace back to dockets.
Counterparty details
Being able to show who took the material and that they were entitled to do so is part of a convincing trail.
Consistency between report and records
The figures in your report should match the register, and the register should match the documents.
How ScrapTrade Fits In
ScrapTrade records give you a trail from each reported figure to a documented sale.
Good evidence starts with the sale. ScrapTrade records the material, weight, buyer and payment of each trade, with verified buyers and escrow-protected payments.
List or Find Scrap on ScrapTrade →