Periodic inventory
id:
periodic-inventory-289-6239311
title:
Periodic inventory
text:
Periodic inventory is a system of inventory in which updates are made on a periodic basis. This differs from perpetual inventory systems, where updates are made as seen fit. In a periodic inventory system no effort is made to keep up-to-date records of either the inventory or the cost of goods sold. Instead, these amounts are determined only periodically - usually at the end of each year. This physical count determines the amount of inventory appearing in the balance sheet. The cost of goods sol
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Periodic_inventory
date created:
date modified:
2019-11-05T18:52:25Z
main entity:
{"identifier":"Q7168640","url":"https://www.wikidata.org/entity/Q7168640"}
image:
fields total:
13
integrity:
13