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PHYINV
(redirected from Physical inventory)

    Also found in: Wikipedia 0.15 sec.
AcronymDefinition
PHYINVPhysical Inventory


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? References in periodicals archive
It was determined that the Service's method did not clearly reflect income because it did not consider an estimate for shrinkage during the period from the last physical inventory to the year-end.
Year-end inventory shrinkage estimates by St. Vincent, Gary / The Tax Adviser
A physical inventory taken by management in 1987 discovered inventory overstated by $65 million and the company's net worth overstated by $86 million.
Officers' fraud on corporation's behalf bars recovery against auditors by Journal of Accountancy
Using the system, Andean Chevrolet has eliminated the need for physical inventory checks, improved customer service, improved lot security, and reduced floor plan costs.
Andean Chevrolet Reaps Benefits of MyDealerLot Real Time Inventory ... by Business Wire
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