Meaning physical inventory
What does physical inventory mean? Here you find 15 meanings of the word physical inventory. You can also add a definition of physical inventory yourself

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physical inventory


An inventory determined by actual count and evidenced by a listing of quantity, weight, or measure. It is usually compiled in dollars as well as units.
Source: ama.org (offline)

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physical inventory


Definition The tally of all the assets involved in the operation of the business.
Source: investorwords.com

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physical inventory


The process of identifying and normally marking each individual inventory container, and recording the amount on a piece of paper, until every unit of inventory in a location has been marked and recorded. The companion to a physical inventory is a book inventory, which is the running total of all of the adds to, and subtractions from, a given inven [..]
Source: erpfocus.com (offline)

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physical inventory


A written accounting of salable stock on hand as of a specified date, valued at actual or replacement cost.
Source: theodora.com

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physical inventory


An actual count of all MERCHANDISE on hand at the end of an accounting period.
Source: nysscpa.org

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physical inventory


refers to the process of counting all inventory in a warehouse or plant. Operations are usually shut down during a physical inventory. See physical inventory page at accuracybook.com for more informat [..]
Source: logisuite.com

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physical inventory


An inventory determined by observation and evidenced by a listing of the actual count, weight, or measure.
Source: doh.wa.gov

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physical inventory


 An actual count of all the merchandise on hand and available for sale. plant assets
Source: glencoe.com

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physical inventory


Organizational unit in a physical inventory process comprising a number of locations.
Source: help.sap.com

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physical inventory


Object for the planning of a physical inventory.
Source: help.sap.com

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physical inventory


Key that uniquely identifies each physical inventory planning object.
Source: help.sap.com

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physical inventory

Source: accuracybook.com (offline)

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physical inventory


The actual physical count of liquor, beer, wine and other items that is so important to keeping F&B costs in check. Unless you’re doing continual, thorough physical inventories (on a weekly basis, at least), your inventory costs will almost certainly be higher than they need to be. Inventory helps uncover theft, overpouring, sloppy practices an [..]
Source: accubar.com (offline)

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physical inventory


The process of quantifying the amount of nuclear material present using techniques such as visual verification, sampling and analysis, weighing and other measurements (e.g. NDA). During the physical i [..]
Source: onr.org.uk

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physical inventory


– An actual count of all items on-hand at given time in a facility.
Source: tandemlogistics.com (offline)





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