Periodic and perceptual are two different types of inventories used by businesses to record the number of products available. In periodic inventory, the bookkeeper counts all the stock physically, whereas in a perpetual inventory system, the ledger is used to track a record of the receipts and the issue of stock units, and the closing balance comprises the inventory in hand. For displaying the sales amount, only a single entry is required in periodic inventory. For managing the inventory, your bookkeeper in Melbourne is the right person to take care of the task. For additional information, one can visit the link given below.
https://www.agibookkeeping.com.au/difference-between-periodic-or-perpetual-inventory-system/
