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author's profile photo Former Member
Former Member

stock value reg

Hi experts ,

here is one problem in inventory,

the inventory user wrongly entered the quanity at the time intial entry ( which is in june),

eg : that user entered 120 nos instead of 100 nos at that time,

now we are in DEC month in auditing the system is showing excess stock ,

there was not any physical inventory during this period,

is it possible to reverse that document and correct it ?

how to resolve this

will award points

rgds

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3 Answers

  • author's profile photo Former Member
    Former Member
    Posted on Dec 04, 2007 at 09:28 AM

    Hi,

    If you want dispose off you can reduce by posting 562 for 20 QTY

    do it with acceptence from accounting

    It will generate material document and accounting document as well

    But its the better way

    BR

    Diwakar

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  • author's profile photo Former Member
    Former Member
    Posted on Dec 04, 2007 at 09:28 AM

    Hi,

    If that particular stock has been uploaded initially by 561, then post a 562 for that material only and put qty as 20, it will reverse the excess stock of 20 numbers.

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  • Posted on Dec 04, 2007 at 09:34 AM

    Hi,

    You can correct the mistake by doing a new inventory count. (you cannot make storno via MBST)

    You have to create an inv doc with 'planned count date' in June (MI01) and you have to enter the difference (between the wrongly entered and real qty) in MI04 (take care of 'count date').

    In MI07 you have to set your posting date (e.g. 2007.06.25) and post the difference.

    (or you can craete two inventory documents > one is to nullify the wrongly entered result and the second is to enter the real qty.)

    BR

    Csaba

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    • Former Member Former Member

      Hi Laxmi,

      Even if you create inventory document and post difference it will be posted with accounting entry for Inventory difference with material and accounting document

      Is there any specific need for back posting ,in both the cases you want stock adjustment as on today , will it make any difference if you post stock correction document today

      I would recommend to post 562 with information to FI

      BR

      Diwakar

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