Inventory Life Cycle

[Former Member]

Dear Gurus,

What is Inventory Life cycle, how to configure.

Regards

Reddy

"subramanyamksr@yahoo.com"

[Former Member]

Hi

Do you want Know @ Inventory managment or Physical Inventory.

<b>Physical Inventory Cycle</b>:

1. Create physical Inventory document MI01

2. Print physical inventory document MI21

3. Enter count MI04

4. Execute difference list MI20

5. Post with/without differences MI07

Configuration :

<b>Inventory Management and Physical Inventory</b>

Plant Parameters for inventory management

Goods receipt: Set tolerance limit

Valuation and Account Determination

Define Price Control for Material Types

Account Determination without Wizard

Rewards if Helpful

Regards

Sanjay L

[Former Member]

Hi reddy,

SAP Inventory Management system allows you to manage stocks on a quantity and value basis in order to plan, enter, check goods movements and carry out physical inventories.

I am sending you the document to configure

Rewards points if useful.

Cheers,

Twinkle