What are the differences between bin card and stores ledger?
Sarah Martinez
Updated on February 04, 2026
Difference between Bin Card and Store Ledger
| Bin Card | Store Ledger |
|---|---|
| Bin Card only recorded the stock movements i.e receipts, issues and balance of inventory. | Store Ledger is the accounting records of the inventory. |
| Store Keeper maintains the Bin Card | Costing Department maintains the Stock ledger. |
What is bin card store?
1. Bin card is the record maintained under the perpetual inventory system by the stores department and shows the quantities of materials received, issued and balance in hand after each receipt and issue. It is also known as stock card or bin tag.
What is the purpose of a bin card?
Bin Cards make stock items more traceable as all details related to the material’s location, and quantity is mentioned in them. Bin Cards help in the counting of inventories during audits or annual counts.
What does bins stand for?
BIN
| Acronym | Definition |
|---|---|
| BIN | Barcode Index Number (Barcode of Life Data System) |
| BIN | Buffer Index Number |
| BIN | Buy It Now |
| BIN | Binary File |
What’s the difference between a bin car and a ledger?
The Difference Between Bin Cars and Store Ledger. A record of quantities only. Maintained by the storekeeper. Normally posted just before the transaction takes place. Each transaction is individually summarized and posted. Usually kept inside the stores. A record of both quantities and values.
What does a bin card do in a store?
What is Bin Card? Bin Card also called as ” Stock Card” or “Bin Tag” using to record all the receipts and issues of the stocks from the store department. This cards records the quantity of the materials and show the movements such as receipts, issues and balance of the materials.
Why are my Bin Card balances not on my Ledger?
There are instances when quantity balances of bin card and stores ledger do not tally, due to various reasons like an arithmetical error, posting in wrong document/sheet, non-posting of a transaction in any of the two, etc.
What do you record on a Bin Card?
Bin Card also called as ” Stock Card” or “Bin Tag” using to record all the receipts and issues of the stocks from the store department. This cards records the quantity of the materials and show the movements such as receipts, issues and balance of the materials.
