Question { Infosys, 42152 }

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