Periodic and Perpetual Inventory System

The Perpetual inventory system is more accurate than the periodic inventory system. The perpetual inventory system is used with asset management software and this software provides great advantages to the organizations such as accurate tracking, inventory reports, and these reports help identify the pattern of sales. Perpetual inventory keeps accounts of inventory records with the help of a computerized system or inventory management software. Read:https://www.assetinfinity.com/blog/periodic-inventory-vs-perpetual-inventory