What's in the Checklist
This step-by-step audit preparation checklist covers everything a 7-Eleven franchisee needs to organize before a quarterly inventory audit:
- 2 Weeks Before Audit: Conduct independent physical inventory count, document with photos and dated records, reconcile against most recent DMR
- 1 Week Before Audit: Organize vendor delivery documentation (BOLs, signed receipts, short-ship records), compile daily cash reconciliation records, verify lottery inventory counts
- Day of Audit: Pre-audit preparation procedures, what to have on hand, how to observe the audit process
- After Audit: How to compare audit findings against your records, documentation requirements for disputes, timeline for filing disagreements
Who This Is For
- 7-Eleven franchisees preparing for quarterly inventory audits
- MUMD (Multi-Unit/Multi-District) operators managing multiple locations
- Franchisees who have experienced unexpected audit shortages
- New 7-Eleven franchisees preparing for their first audit
Why Independent Records Matter
7-Eleven's quarterly audit process compares physical inventory against the RIS system records. Shortages are deducted directly from the franchisee's draw. Without your own independent records — daily reconciliation data, vendor delivery documentation, and your own inventory counts — you have no evidence to challenge findings that may include delivery discrepancies, PLU errors, or counting methodology differences.
Franchisees who maintain daily independent records through services like DohAssist are able to identify and document discrepancies as they occur, rather than discovering them during audit review.