Best Inventory System?

by Abhishek Thakur
(Biratnagar, NEPAL)

Which accounting inventory system is best for accounting?

Comments for Best Inventory System?

Click here to add your own comments

Depends
by: Anonymous

Large corporations (such as Walt-Mart) should use perpetual inventory systems. Small businesses typically use the other system, periodic. Perpetual decreases inventory immediately, however periodic records are taken at set time intervals, hence periodically. In today's day and age, the all-in-all best system to use would be the perpetual inventory system.

Click here to add your own comments

Return to Ask a Question About This Lesson!.






Enjoying this Website?
Help Support it with a Donation

OR...





Advertise on Accounting-Basics-for-Students.com

privacy policy