Best Inventory System?

by Abhishek Thakur
(Biratnagar, NEPAL)

Which accounting inventory system is best for accounting?

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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.

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