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AFK Company - Afaqy Information Technology Founded in 2014. We work in the field of information technology and we have the experience, competence and precedent of business, which makes us proud to be an entity on which many institutions and companies of different activities depend, and to win the trust of many investors and business owners, as the tenth city has taken the size of our business as our headquarters. The largest gathering of industrial investment in Egypt) to be side by side with investors and business owners,
We are pleased to provide our services in various technical fields in various countries of the Arab world
Please fill in the information to request the full version
AFK Company - Afaqy Information Technology Founded in 2014. We work in the field of information technology and we have the experience, competence and precedent of business, which makes us proud to be an entity on which many institutions and companies of different activities depend, and to win the trust of many investors and business owners, as the tenth city has taken the size of our business as our headquarters. The largest gathering of industrial investment in Egypt) to be side by side with investors and business owners,
We are pleased to provide our services in various technical fields in various countries of the Arab world
The difference between periodic inventory and perpetual inventory?
periodic inventory
The purchases account is used in the accounts and the beginning and the end of the period merchandise account is used
Accounting restrictions in Afaky accounting program in case of purchase:
From h / purchases to h / supplier - bank - fund
Accounting restrictions in case of sale:
From h / the customer - the bank - the fund ...... to h / sales
Continuous inventory
The inventory account is used, not the purchases, and the cost of sales account is used in the accounts, and neither the beginning nor the end of the period merchandise accounts are used
Accounting restrictions in Afaky accounting program in case of purchase:
From h / stock to h / supplier - bank - fund
Accounting restrictions in case of sale:
From h / customer - bank - fund ... to h / sales
From h / cost of sales to h / inventory
The use of continuous inventory allows to know the stock valuation and the cost of items at any time, unlike the periodic inventory, where the stock valuation is known in the case of the actual inventory of stores.
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