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Former Member
Apr 22, 2009 at 05:58 AM

Movement type for excess material on physical verification at the year end

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Dear Experts,

We have faced one situation at the year end. In case of shortage of raw material we are scrapping the shortage quantity with 'zero' value so that shortage value get aborbed by good units in stock.

What should we do if there is a physical excess of quantity.Only stock has to be increased but no value posting should be made. which movement we have to do, pl advise.

Regards,

Alok