Opening stock correction after 3 months

[Former Member]

Hello Gurus

I want to correct initial stock upload , this is was uploaded three months back. So If I will correct this quantity ( It could be reduce or increase) what are the impacts will arrive? Is anybody have any idea? Could you please help me in this regards

We are suing Standard Price not using Moving average price.

Thanks and Regards

Srinivas.

[JL23 · Accepted solution]

I assume that you want to post to the same accounts as initially, so you should use the same transaction and movements to correct the wrong loaded stock, e.g. 562 to reduce the stock and 561 to add the stock.

Usually those movements shall only be used for initial stock load at go-live date, but as you want correct those initial load, it would be the approprate movements today as well. Just make sure that the movements are not restricted today and that the G/L accounts are open for postings.

If you do not submit an external value with the 561 movement, then your stock will increase/reduced with the current valuation price, hence there will not be any change in the price,, just you stock accounts go up or down.

[kailas_ugale]

Hi,

I want to correct initial stock upload , this is was uploaded three months back. So If I will correct this quantity ( It could be reduce or increase) what are the impacts will arrive? Is anybody have any idea? Could you please help me in this regards

First you have to do correction in current period only

second you can achieve this by physical inventors process ,while doing this process ,as per you when you reduce stock or increase stock your inventory qty will get reduced or increase and same thing for inventor value means valuvation

t-code MI10

It will be impact

Regards

kailas ugale

Edited by: kailasugale on Nov 29, 2011 9:21 PM

[Former Member]

Hi

Your suggestion is good, However as this is opening stock correction is that the correct way to correct the stock? I thik better to go through MB1c only , But What impacts will be there for Stock valuation.

Regards

srinivas.

[kailas_ugale]

Hi

As per me 561 movement type use only for initial sock upload when we go for GO-LIVE after that it should get blocked .

Impact of any traction ( MB1C or MI10) will same what I told you it will reduce your stock value or increase it ,beyond this i don't think any impact,

if your material is exciable then you have to adjust excise accordingly

Regards

Kailas Ugale

[JL23]

SAP does not allow to post into a period 3 months back, only current or previous period is possible.

Hence do your corrections in the current month.

[Former Member]

Hi

Thanks for your reply, I want correct the stock in this monthly for the past , What will be impacts in valuations.

Thanks Regareds

srinivas