About this document
Periodic vs. Perpetual Inventory Systems by HD D is a document available to read on EtoBox.
The main differences between perpetual and periodic inventory systems are that perpetual system records movement of inventory through purchases and sales on an ongoing basis, while periodic only determines inventory value through physical counts. For the periodic system, the main advantage is low cost and ease of implementation but the main disadvantage is inventory balance can only be determined after physical counts, which takes time.
- Author
- HD D
- Language
- EN