Interested to Buy Any Domain ? << Click Here >> for more details...
define the difference between cycle counting and physical
inventory?
- 7 Answers
- 42151 Views
- Excelacom, Infosys, Sun Microsystems, I also Faced
- E-Mail Answers
Answer Posted / santosh s. pandey
Cycle Count : Periodic counting of inventory items at
regular intervals
Physical Inventory : Counting is done once / twice a year
Cycle Count : We can schedule the count
Physical Inventory : We cannot schedule this.
Cycle Count : We cannot have a snap shot
Physical Inventory : We can have a snap shot
Cycle Count : We can view the qty in the system
Physical Inventory : We can not view the qty in system
Cycle Count : We cane select the items using ABC analysis.
Physical Inventory : It is done for all the items.
Cycle Count : We need not to freeze inventory transactions.
Physical Inventory : Need to freeze inventory transactions.
Cycle Count : Recount is possible
Physical Inventory : Recount is not possible.
Cycle Count : We can maintain recount history.
Physical Inventory : No recount, hence no history.
Cycle Count : Adjustments can be procesed on approval.
Physical Inventory : Can be done using adjustment concurrent
| Is This Answer Correct ? | 54 Yes | 1 No |
Post New Answer View All Answers
Do you have knowledge of Inter-Company Invoicing? If yes, explain the process.
What are the accounting behind consigned inventory in P2P?
Explain difference between discrete mfg and process manufacturing?
What are the FAQ's asked Functional consultants in SCM ? If any one knows please send.
Where to find the ISO accounting entry details?
What is the use of INV-Receipts and PO-Reciepts,Just give me the Differences&When,At what Instances to use Them...?
Please let me know the important Interview concepts to be learnt for PO,OM and INV Modules
Is it possible to create 5 levels of approval for sales order?
Tell me is there a way to update schedule ship date for all lines of so in one go?
What are the different types of excise exemptions?
In India Localization how are generating Excise and VAT Invoice number both shippable and non-shippable Sales Orders/Transactions.
What is the difference between replenishment counting and kanban?
Hi Guys, I am looking for Oracle Apps SCM/Finance Functional Training in Bangalore. Please suggest me or Guide me
Is it possible to change the warehouse after booking the sales order, if yes how to de allocate the items booked in previous warehouse?
How do i generate Taxes when i'm doing Return To Vendor Transaction?
