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Stock taking

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(Querist)
22 November 2008 What r the points that distinguish Perpetual inventory & continuous stock taking?
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KAAPIL

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KAAPIL (Expert)
18 January 2009 I have read all your queries. Please refer CACLUB ShareFiles Costing. Lot of basic to important information will help you.

Perpetual

In case of expensive material it is done.

Jeweller will keep stock in the locker everyday and count.

Continuous

In computerized environment it is updated in the system.

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