Real-time stock value
See the stock amount on the balance sheet without waiting for the period close.
General Accounting Management
Perpetual Inventory LedgerInventory doesn’t wait for period end.
Every stock movement recalculates quantity, unit cost and stock value, and the cost of goods sold reaches accounting at the moment of sale. Stock information stays current with the daily flow of the business.
Included in all packages
Period-end inventory versus perpetual inventory
With the periodic method, stock value and the cost of goods sold are only known after the period-end count. In the perpetual inventory ledger they are updated with every movement.
| Periodic inventory | Perpetual Inventory Ledger | |
|---|---|---|
| Stock quantity | Confirmed by the period-end count | Current with every movement |
| Stock value | Calculated at period end | Visible item by item at any time |
| Cost of goods sold | Found in total at period end | Calculated per sale, at the moment of sale |
| Gross profit | Cannot be measured before closing | Tracked at the moment of sale |
| Count differences | Investigated after the fact | Seen immediately against the ledger balance |
| Period-end workload | Heavy | Lower; closing is faster |
Compare the perpetual and periodic inventory methods in detail and try the savings calculator
Live example: the ledger recalculates with every movement
Add a movement and see how quantity, unit cost, stock value and the journal entry change.
| Date | Movement | Qty | Unit cost | Stock qty | Stock value |
|---|
Figures are illustrative and exclude VAT. The example uses the moving weighted average cost. The valuation method and account structure for your business are confirmed in the needs analysis. Account codes follow the Turkish Uniform Chart of Accounts.
One movement, four outcomes
The Perpetual Inventory Ledger treats stock, cost and accounting as parts of the same movement, not as separate tasks.
- 01
The movement is recorded
A stock movement such as a purchase, sale, return, transfer between warehouses or count difference is posted item by item.
- 02
Values are recalculated
The item’s stock quantity, unit cost and stock value are updated with the movement.
- 03
Accounting is updated
The movement’s journal entry is created; for sales, the cost of goods sold is posted at the moment of sale.
- 04
Reports stay current
The inventory list, stock value and profitability can be tracked without waiting for period end.
Benefits for your business
Profitability at the moment of sale
Because the cost of each sale is calculated, gross profit is tracked per sale.
Item-level traceability
Each item’s receipts, issues and balance are kept chronologically in the ledger.
Consistent stock and accounting
The stock balance and accounting entries are fed by the same movement.
Faster period close
The need for bulk cost calculations at period end is reduced.
Audit-ready records
Count differences and adjustments can be explained against the ledger balance.
Related module and features
General Accounting Management
In this module:
- Inventory Valuation
- Inventory List
- Perpetual Inventory Ledger
- Inflation Accounting
Included in all packages
Materials & Warehouse / Inventory Management
Materials, serial/lot, cost allocation, warehouses, goods receipt, e-waybills and stock counts.
e-Inventory Ledger (e-Envanter)
Keep your inventory ledger electronically, with current values from the Perpetual Inventory Ledger.
Frequently asked questions
What is perpetual inventory?
Perpetual inventory is an inventory method in which stock movements are recorded as they happen, and stock quantity and value are updated with every movement. The cost of goods sold is determined at the moment of sale rather than at period end.
How is it different from periodic inventory?
With periodic inventory, stock value and the cost of goods sold are calculated after the period-end count. The Perpetual Inventory Ledger keeps them current with every movement, so stock value and gross profit can also be tracked during the period.
Do I still need to count stock?
Yes. A physical count is how you verify the ledger balance. With perpetual inventory, the count result is compared with the ledger balance and differences are visible immediately.
Which packages include it?
The Perpetual Inventory Ledger is a feature of the General Accounting Management module and is included in all packages, from Micro Business to Tailored.
Can I transfer my existing stock balances?
During the transition, opening stock quantities and values are transferred to the system. The scope and method of data migration are agreed together in the needs analysis.
Start using the Perpetual Inventory Ledger in your business
In the needs analysis we clarify together how your stock movements will flow into cost, profitability and accounting, and prepare the right package and annual quote.