answersLogoWhite

0

The perpetual inventory system can be costly to implement and maintain due to the need for sophisticated software and technology to track inventory in real-time. It requires constant updates, which can be challenging in fast-paced environments and may lead to inaccuracies if not managed properly. Additionally, the complexity of the system can overwhelm smaller businesses without adequate resources or expertise. Finally, any system failures or data entry errors can result in significant discrepancies in inventory records.

User Avatar

AnswerBot

1d ago

What else can I help you with?

Related Questions

What are the disadvantages of a periodic inventory system?

The perpetual inventory system is more complicated, requires more accounting entries and is more costly the periodic inventory system does.


What are the disadvantages of periodic inventory system?

The perpetual inventory system is more complicated, requires more accounting entries and is more costly the periodic inventory system does.


Disadvantage of inventory control system?

pwede pki lagay ung best answer ng disadvantages ng inventory system sa ibang system. thank you :)


What does perpectual mean?

the correct word is perpetual


History of inventory system?

The history of inventory systems depends on the type of inventory system being discussed. There are two main types of inventory systems, the perpetual inventory system and the periodic inventory system.


What is NEPA inventory system?

nepa inventory system


Discuss the features of computer based inventory system?

COMPUTER BASED INVENTORY SYSTEM COMPUTER BASED INVENTORY SYSTEM


What is merchandise inventory system?

Merchandise inventory:


How do you ask questions regarding inventory system?

what are the possible questions for inventory system?


What methods do not require a physical inventory periodic inventory system perpetual inventory method retail method or gross profit method?

periodic inventory system


How is IT useful in Inventory control system?

to practice he/she's knowledge how to use the inventory system


An account used in the perpetual inventory system that is not used in the periodic inventory system is?

Purchases