Calendar Year or Fiscal Year for the Cycle counting

[Former Member]

HI All,

I need your valuable inputs for one of the important issue of our implementation.

We are going live in the DEC 11 first week. In our plant we want to follow the cycle counting process (using T-code MICN) for certain parts and for rest of the parts which will not have CC indicator will have normal Physical Inventory process (using T-code MI31) ,which are to be counted only once a year.

In our company fiscal year is from 1 April till 31 March next year. So for the parts that are to be cycle counted; when do you think we should do first cycle count? Shall we start in the January which is start of Calendar year or shall we eliminate cycle count in this fiscal year and do the first cycle count in the month of April which is start of next fiscal year.

Some of the people are of opinion that we should do cycle for whatever parts that will come up for count till Feb and rest thru MI31 transaction. Will doing this affect the cycle count of the next fiscal year?

We will be loading material master in last week of Nov 11

For Cycle counting which period is considered, is it Calendar year or Fiscal year?

Thanks in Advance.

Ritesh

[JL23 · Accepted solution]

Fiscal Year

just enter a from and to date from today until 31st of March in MICN, then you will see a list with all material due to be counted in that period (please do not execute that list)

[Former Member · Accepted solution]

HI Jürgen L.,

Thanks for the quick response. Your answers are always helpful, I appreciate your help.

So once the material masters are loaded, we should run the MICN till march 31 . Whatever list is generated, for those parts should we generate PI documents using MICN or using MI31? Also in the next fiscal; do we need to carry out cycle count immediately in the April again to build the cycles for the next year?

Will the last count date from previous fiscal year affects the first count date in next fiscal year?

I have one more sub question (sorry about that). In April if I run MICN then will 'D' parts (which are to be counted only once a year) will also appear? or will they be suggested in the last cycle of next fiscal year only?

Thank you once again for your earlier response.

Thanks,

Ritesh

[JL23 · Accepted solution]

In principle, the program calculates the planned date of physical inventory according to the following formula:
 planned date = base date + Interval (Trans.OMCO/Tab.XT159C-ININV)
Usually, the base date is the 'date of the last physical inventory'. Depending on the type of the stock or the batch management requirement, this date is read from one of the following table fields:
 MARD-DLINL (Normal materials)
 MCHB-CHDLL (Batch materials, separately valuated materials)
If no physical inventory has been carried out yet and if this date field is therefore empty, the system uses the creation date of the material as basis date. The basis date then comes from one of the following table fields:
 MSTA-ERSDA (Normal materials)
 MCHB-ERSDA (Batch materials, separately valuated materials)
Since the cycle counting physical inventory always runs for the current fiscal year, the earliest possible physical inventory date is the 01.01. and the latest possible physical inventory date is the 31.12 of the current year.(example fiscal year equal to calendar year). If the date of the physical inventory is a non-working day, the program automatically proposes the next possible workday.

MI31 is for anual inventory, MICN for cycle count, you cant create cycle count documents with MI31.

[Former Member]

Cycle counting is generally for ficial year.

Since you are going live in Dec 11, let the first cycle count be done on 1 April as this would start the new fiscial year.

Do cycle count for all the materials as this would give the correct inventory values for the next ficial year and for reporting the balances.

[Former Member]

Thanks Venkat. I have some more questions . Pl see the thread.