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-   -   Periodic & Perpetual system (https://www.askmehelpdesk.com/showthread.php?t=274037)

  • Oct 27, 2008, 01:42 AM
    aziz ahmed
    Periodic & Perpetual system
    Hi

    Respected sir/Mam

    I wan a ask that what is pepetual & periodic system? & define methods like LIFO,FIFO ,Weighted Average & Moving Average
  • Oct 29, 2008, 11:06 AM
    MF Controller

    prepetual = coninual
    periodic = analizing a period (by qtr, year, etc)
    LIFO - Last in First out revenue recognition
    FIFO = First in First out revenue recoginition

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