What does Perpetual Inventory System mean?
A method of accounting for inventory that records the sale or purchase of inventory immediately through the use of computerized point-of-sale systems.
Using a Perpetual Inventory System, the company updates its inventory records in real-time with every sale and purchase.
Perpetual Inventory System in German, French, Spanish and Italian
GermanPermanente Inventur
also Bestandsfortschreibung
System zur Echtzeit-Erfassung von Bestandsveränderungen.
FrenchSystème d'inventaire permanent
Système de gestion des stocks mis à jour en temps réel.
SpanishSistema de inventario perpetuo
Método que mantiene el saldo de existencias actualizado en cada transacción.
ItalianSistema di inventario permanente
Metodo di rilevazione continua delle giacenze di magazzino.
Synonyms and opposites for Perpetual Inventory System
- Synonym Continuous inventory
- Opposite Periodic inventory system