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author's profile photo Former Member
Former Member

Physical Inventory by Continuous Method

Hi Gurus,

We were doing cycle count inventory for last couple of years. Now we want to go for Continuous Physical Inventory Method. In Trx OMNK I select the Inventory Method PZ and remove the cc indicator for all the storage types. From Material Master I also removed the cc physical inventory indicator (ABC) from each material. We are using ver 4.6c

I ran the Trx LX16 to create the Physical Inventory Document. But I'm not getting anything except a info message "no data exist (select again)".

I've checked that storage type has inventory for most of the materials and no physical inventory has been done for that specific storage type in current Fiscal year. Our Fiscal year ended on sept. 30th 2007. Now we are in new Fiscal Year.

Please advice why I'm getting above error and how to resolve it?

Is it related to some Fiscal year end activity? What is that activity?

Your help is much appreciated. Points will be rewarded.

Thanks,

Gary

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2 Answers

  • author's profile photo Former Member
    Former Member
    Posted on Jan 18, 2008 at 05:35 AM

    Check "placement inventory" indicator for the storage type

    in tcode OMNK.

    Run bin status report (LX03) and check whether inventory document is active for storage bins.

    If found active close it off

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    • Former Member

      Hi Vineet,

      There is no inventory document active for bin. Last Inventory date is sept. 2006

      Placement Inventory check is on in OMNK

      I think there is some transaction need to run to reset the inventory period.

      Please help

  • author's profile photo Former Member
    Former Member
    Posted on Jan 29, 2008 at 05:45 PM

    Thanks for all your help.

    What we'll do without your help.

    I awarded the points for all the individuals.

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