Faulty calibration, defective float magnets, dirty probe shafts, invalid alarms, fuel temperature and sales during the delivery can all impact the Veeder-Root readings making it impossible for them to be 100% accurate and equal the net gallons on a delivery ticket. How can you know for sure?
DAILY RECONCILIATION OF FUEL
INVENTORY WILL HELP!
By tracking your daily accrues, you will know immediately if there is a problem. The Golden Rule is to have your "end of day" be at the same time as your Veeder-Root reading. So, if your "end of day" is at closing, then you need a "Veeder- Root" print out at the same time.
Here's an example of a daily reconciliation. If you are not showing a loss of inventory to the shortage reported by the tank monitor, then the cause is likely the Veeder-Root and not a shortage in your delivery.
OPEN - is your physical or Veeder Root reading from the close of the previous day.
PURCHASED - net gallons on the "Bill of Lading"
SALES - gallons of gas sold for that day.
BOOK - open + purchases - sales = book.
PHYSICAL - Veeder-Root tape.
OVER/ SHORT - the difference between the book and physical.
ACCUMULATIVE - the running total for the month.
Remember : Never let anyone tear off the Veeder-Root tape during a 24 hour period, if that happens you will lose all the figures for that day.
If you have questions, or would like more information on daily inventory reconciliation, call CUSTOMER SERVICE at 501-3300.