Inventory Systems Cheat Sheet
Inventory Systems Cheat Sheet
Inventory Systems Cheat Sheet
Master the difference between Perpetual and Periodic Inventory Systems with this one-page, printable cheat sheet. Learn how each system records inventory purchases, sales and cost of goods sold, with step-by-step workflows and example journal entries.
What is in the Cheat Sheet?
You’ll learn about:
Perpetual Inventory System – Continuous, real-time inventory tracking with every purchase and sale.
Periodic Inventory System – Inventory updated at set intervals using a physical count.
How to record purchases, sales and cost of goods sold under each system with journal entries.
Perfect for accounting students, bookkeepers and business owners wanting a clear visual guide to inventory management methods.
How will I receive my Cheat Sheet?
The Inventory Systems Cheat Sheet is a digital product. After completing your purchase you'll receive an email. It will contain a link to download a pdf file.
If you run into any issues then please contact me here. I’ll get back to you as soon as possible.
All prices are in USD.
This pdf was carefully put together to summarize all of the key information from my Inventory Systems video on one page.
All digital products are copyright © Accounting Stuff Pty Ltd. For personal use by the original purchaser only. Reproduction, redistribution or resale in any form is prohibited.
Learn the difference between Perpetual and Periodic Inventory Systems in just a few steps.
