Question { Infosys, 39782 }
define the difference between cycle counting and physical
inventory?
Answer
Cycle Counting: It is the periodic Counting like we can perform counting no.of times in a year
Physical Counting: Perform counting per year one or twice
Cycle Counting: we are performing counting for maximum regular purpose
Physical Counting: we are performing counting for Auditing purpose
Cycle Counting: snapshots is not applicable
Physical Counting: Snapshots is applicable
Cycle Counting: Transaction are not Freeze
Physical Counting: Transaction are Freeze
Cycle Counting: Tags are not applicable
Physical Counting: Tags are applicable
Cycle Counting: ABC Analysis is required
Physical Counting: ABC Analysis is not required
Cycle Counting: Recounting Is Applicable
Physical Counting: Recounting is not Applicable
Cycle Counting: Automatically performing the Adjustment
Physical Counting: Manual performing the Adjustment