Perpetual Inventory System

What Is Perpetual Inventory? Complete Guide for Manufacturing Companies Introduction Perpetual Inventory is a real-time inventory accounting system that continuously updates inventory quantities, inventory valuation, production costs, profitability, and financial records whenever a transaction occurs. Many manufacturing companies know what inventory they have. However, without Perpetual Inventory Accounting, they often struggle with delayed financial visibility, inventory inaccuracies, hidden profitability leakages, and excess working capital locked in stock, making it difficult to take t...