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Feb 24, 2009 at 09:06 AM

MB1A v MB11 stock adjustments

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Hi All

Currently, we are using the MB1A mvt type 201 (write off to Cost Centre) as a method of writing off our lost stock. This is followed by the usual TR/TO conversion and confirmation.

I recently read that it may be possible to use MB11 to write off (or on) stock losses (or gains) using the correct mvt types (711/712)

Are there any pitfalls in using MB11 over MB1A/LB10/LT12?

Are there any transactions I need to perform following MB11? I couldnt find anything else to do after transacting MB11! IM and WM stocks were correct.

Finance are OK with the current process of writing off stock to a cost centre but I expect the accounting documents created using MB11 would be the prefered process.

Thanks in advance

Darren