Perpetual inventory definition

Perpetual inventory means an ongoing system for recording quantities of drugs received, dispensed, or otherwise distributed by a pharmacy.
Perpetual inventory means an ongoing system for recording quantities of cannabis oil received, dispensed, or otherwise distributed by a cannabis dispensing facility.
Perpetual inventory means an ongoing system for recording quantities of drugs received, dispensed or otherwise distributed[, and drugs on hand] by a pharmacy.

Examples of Perpetual inventory in a sentence

  • Perpetual inventory tracks on paper the amount of USDA Foods that should be in physical inventory at any given time and is periodically reconciled with physical inventory.


More Definitions of Perpetual inventory

Perpetual inventory. A daily accounting record of the receipt and usage of USDA Foods, which is updated with each transaction of receipt or usage. Perpetual inventory tracks on paper the amount of USDA Foods that should be in physical inventory at any given time and is periodically reconciled with physical inventory.