Other
Periodic Inventory
Also known as: Periodic Inventory System
An accounting approach that only calculates cost of goods sold at the end of a period, typically using a physical stock count and the formula opening inventory + purchases − closing inventory. Simple but backward-looking: you cannot see margin per order during the period. Perpetual costing (what Landara provides) is the modern alternative that keeps COGS current in real time.
Cost Category
Periodic Inventory is classified as a Other charge in landed cost calculations.
Other charges include storage, packing, labeling, and miscellaneous service fees.
Related Keywords
periodic inventorystock countperiod endinventory system
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