What Is The Difference Between Periodic And Perpetual Inventory Systems

To estimate demand and avoid surplus stock, all companies must keep track of how much inventory they own. Therefore, every manufacturing company uses the inventory record system to maintain track of its inventory movements throughout the year. Inventory systems are classified into two types: periodic and perpetual. Each system has different advantages, so if you …. View detail https://blog.efex.asia/periodic-and-perpetual-inventory-system/