Decree-Law no. 98/2015 of 2 June made a number of amendments to Decree-Law 158/2009 of 13 July, which approved the Accounting Standardisation System (SNC). Following these amendments, namely to article 12, the range of companies required to keep a permanent inventory was significantly widened from 1 January 2016. Get to know the Permanent Inventory System (SIP) and discover how Openlimits helped Beiragel to implement this Accounting System in a simple and consistent way, through the computerisation of its general accounting.   I - The Permanent Inventory System What is the Permanent Inventory System? In the Permanent Inventory system, the purchases account must always be settled, and the values of inventories of goods, raw, ancillary and consumable materials, finished and intermediate products, products and work in progress, and by-products, waste a...
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