Business Accounting and Bookkeeping

What is meant by purge inventory?

Top Answer
User Avatar
Wiki User
Answered 2014-06-13 22:36:45

Purging inventory is a specific way to maintain your business efficiently. This is basically going through and getting rid of old, unwanted, or missing merchandise from your inventory sheet.

User Avatar

Your Answer

Still Have Questions?

Related Questions

What is meant by computer inventory management?

Computer inventory management is when you manage your company's inventory using a computer to do so. It is easiest to use a computer to do this so papers don't get lost.

What Is Meant by the Term Inventory in a organization?

The term \"inventory\" in an organization is the count of product or items. It helps keep track of items going in and out of a particular place.

What is meant by inventory compilation?

Inventory compilation is used by a company when reconciling physical inventory with perpetual inventory records and consists of the following procedures: counting the physical inventory, correctly summarizing the quantities, extend prices times quantities, and foot the extensions. Totals should agree with the amounts recorded in general ledger.

What is meant by periodic review system?

a system for placing orders of varying sizes at regular intervals to replenish inventory up to a specified or target inventory level. A periodic inventory review system sets a specific re-order period, but the re-order quantity can vary according to need. The quantity re-ordered is calculated by subtracting existing inventory and on-order inventory from the target inventory level.

Where can you catch purge?

Purge is a hack

How do you get purge in Pokemon?

purge is a hack

How do you say purge in french?


What is an example sentence for the word purge?

have you seen the movie? The Purge : Anarchy begins ?

What is meant by inventory valuation?

it will be like inventory at shop. shopkeeper keep on rotating his shop inventory after its safety stock goes down(by ordering ). doing this he is rotating the inventory and generates sales. if shop has 100 articles . if he rotates 50 articles thrice a week and 10 times in month. better is the profit generation.

How do you spell purge?

The correct spelling is 'purge'.

What is purge flow?

What does the word purge mean

Where is purge?

A purge is elimating waste(toxins) from the body.

How do use purge in a sentence?

Purge means to get rid of something completely. An example of purge used in a sentence is: I had to purge my former bad habits out of me in order to achieve success.

What cheats do you use for catching purge?

you do not catch purge in diamond pearl or platinum. Purge is a fan created pokemon.

What is meant by the term unlimited?

In a business sense it means that the debt of an entity has no restrictions and the money can be recovered from the personal inventory of the owners.

A sentence with the word purge?

"They needed to purge the poison from his body."

What is the Hebrew word for purge?

to purge = tee-HEHR (טיהר)

When was The Purge released?

The Purge was released on 06/07/2013.

What was the Production Budget for The Purge?

The Production Budget for The Purge was $3,000,000.

What does purge mean?

A purge is an act of purging, or a cleansing of pipes. To purge means to clean thoroughly, or to free from guilt or sin.

What part of speech is purge?

Purge can be used as a verb and a noun.

Retail inventory or cost inventory?

retail inventory retail inventory retail inventory

What is meant by the term inventory?

inventory (also called stocks) comprises of work in progress ,stores & spares; raw materials;packing materials etc.they are valued at net realisable value or valued at cost whichever is lower.

What is inventory overhang?

Inventory Overhang = Available inventory / Absorbed inventory

Were do you find purge?

purge is just a hacked Pokemon that will never be real

Still have questions?