Perpetual Inventory System and Periodic Inventory System 英汉对照.docVIP

Perpetual Inventory System and Periodic Inventory System Inventory are finished goods or merchandise held by an enterprise for sale in the ordinary course of business , or work in progress in the process of production for such sale ,or in the form of materials or supplies to be consumed in the production process or in the rendering of services. Enterprises should regularly or irregularly of agencies its kind on-site inventory, cash and bank deposits, current accounts check carried out to determine the number of the existence of property, whether real accounts to identify a consistent accounting management tool . Also known as property inventory. We all know that an inventory in two ways: a perpetual inventory system and field inventory system .What is a perpetual inventory system and physical inventory system?What is the difference with each other in perpetual inventory system and field inventory system ? What did different method impress the cost of goods sold ? Perpetual inventory system , also known as the carrying amount of inventory system . By setting the inventory is a breakdown of the increase or decrease in inventories continuous registration of daily occurrence, and to keep the number of the inventory balances on the settlement of the carrying amount and regularly compare with the actual inventory count to determine a systems physical inventory shortage.When the perpetual inventory system is used ,management is able to monitor the inventory on hand on a regular basis. The advantages of perpetual inventory system is: It will help strengthen the management of inventory. In detail records in a variety of stock, you can always reflect the income of each stock issued and balances dynamic.By carrying balances the books and records of the number, combined with occasional physical inventory, the physical inventory count and the number of deposit accounts with check, you can pinpoint the cause of surplus or shortage; through the book inventory records can