The perpetual inventory system has several advantages over a periodic system for businesses of all sizes. In a business using the periodic inventory method, purchases are recorded throughout the year ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Properly managing inventory requires a system of some sort. It doesn't matter if the system consists of writing inventory levels on the back of an envelope or using the most sophisticated radio ...