Ask Experts Questions for FREE Help!
 

Free Answers in 3 Easy Steps

Register Now
3 Steps
 


Ask QuestionsprogressAnswer QuestionsprogressBuild ReputationprogressBecome an Expert
 
At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to:
  • Get free answers from experts in any of our 300+ topics.
  • Accept money for answers that you provide.
  • Communicate privately with other members (PM).
  • See fewer ads.
  Answer this Question    Ask about Accounting    Ask about another Subject  
 

jxtuck
Dec 13, 2007, 02:07 PM
What would be a disadvantages of a larger business using a periodic inventory system?

Future Accountant
Dec 14, 2007, 08:27 PM
Periodic system does not track the inventory constantly but does it at the end of a fiscal accounting period when inventory is counted to calculate the cost of goods sold whereas perpetual inventory system tracks the inventory constantly on hand and cost of goods sold.

Future Accountant
Dec 14, 2007, 08:27 PM
perpetual is better than periodic i would say

Diamone
Jan 13, 2008, 02:08 PM
I need to know what a perpetual inventory system is