In business and accounting/accountancy, perpetual inventory or continuous inventory describes systems of inventory where information on inventory quantity and availability is updated on a continuous basis as a function of doing business. Generally this is accomplished by connecting the inventory system with order entry and in retail the point of s...
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http://en.wikipedia.org/wiki/Perpetual_inventory
Recordkeeping system in which book inventory is updated daily.
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http://www.duke.edu/~charvey/Classes/wpg/bfglosp.htm
A Perpetual Inventory is one whose balance is updated after each and every transaction. See Inventor
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http://www.encyclo.co.uk/local/22398
Recordkeeping system in which book inventory is updated daily.
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http://www.encyclo.co.uk/local/22402
- System that requires a continuous record of all receipts and withdrawals of each item of INVENTORY.
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https://www.encyclo.co.uk/local/21071
An accounting method of maintaining up-to-date property records that accurately reflect the level of goods on hand.
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https://www.encyclo.co.uk/local/21657
A method that is used to constantly monitor and track a store's inventory in terms of quantity on hand and total value. It is continually adjusted to reflect receipts, returns and sales. As a result, real-time reports can be generated at any moment.
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https://www.encyclo.co.uk/local/23095
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