Glossary
Perpetual inventory
It is a system that updates the quantity of every item with each sale and purchase, so the balance is known at any moment.
What it means for a shop owner
You get it automatically when selling with barcodes. It still needs a physical count because theft and damage are not recorded. It is the basis of low-stock alerts.
A worked example
You sell 3 of 20 pieces and the balance shows 17 at once with no manual count.
Related
Try it in your shop, free, no card.
The free plan: the whole shop for one branch, an offline cashier with stock, debts and accounting, with a daily limit on invoices, expenses and purchase orders. What it includes