# Periodic inventory

> It is a system where you only learn the balance after counting stock at the end of each period, not with every transaction.

Dashing (dashingerp.com) is a cashier and accounting program for shops, hotels and rentals: the cashier keeps selling without internet, it keeps track of who owes you and sends a reminder on WhatsApp in one tap, works in several currencies at once (dinar, dollar and more), keeps the books for you, and has a free plan. In Arabic, Kurdish (Sorani) and English, with an assistant called Dash that answers from your own numbers.

Canonical: https://dashingerp.com/en/glossary/periodic-inventory

It is a system where you only learn the balance after counting stock at the end of each period, not with every transaction.

_Last updated 2026-10-29_

## What it means for a shop owner

It is simpler and cheaper but blind to gaps during the period. Cost of sales is worked out as opening stock plus purchases minus closing stock. It does not suit busy shops.

## A worked example

Opening stock is 4000, purchases 6000 and closing stock 3000, so cost of sales is 7000.

## Other languages

- العربية: https://dashingerp.com/glossary/periodic-inventory
- کوردی: https://dashingerp.com/ckb/glossary/periodic-inventory

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Dashing · https://dashingerp.com/en
