PHYSICAL INVENTORY ACCOUNTING PROGRAM

Abstract

Two problems still exist: (1) there must be developed a method of determining easily when an item was last inventories; and (2) the disposal of inventory records should be outlined. The first has two workable solutions. If the activity counter is readjusted to zero every time an inquiry for an inventory balance is made and if the contents of the activity counter are printed in the opening balance in the Daily Activity Register, this would solve the problem.A history could be carried back until the activity counter shows zero. This would be the first activity following inventory. The second solution is to print a dummy transaction in the D.A.R. for each item inventoried. The first of these solutions is simpler since it is all automatic and requires no additional work except initial programming. (Author)

Document Details

Document Type
Technical Report
Publication Date
Oct 01, 1961
Accession Number
AD0268036

Entities

People

  • Marion R. Bryson
  • Wayne B. Ferrell

Organizations

  • Duke University

Tags

DTIC Thesaurus Topics

  • Accounting
  • Automatic
  • Business Administration
  • Computer Programming
  • Computing-Related Activities
  • Inventory

Readers

  • Computer Science/Computer Engineering/Data Science/Digital Signal Processing.
  • Finite Element Method (FEM) for solving Partial Differential Equations (PDEs)
  • Logistics and Supply Chain Management.