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author's profile photo Former Member
Former Member

WM physical inventory

Hello All,

I am doing configuration setting for WM physical inventory, I want to know use of following with an example

1) Input method for inventory counts (This indicator defines how the inventory count results are to be entered in the system )

2)double-line entry

3)Input of quants on next page allowed

With Regards,

Kamlakar

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  • author's profile photo Former Member
    Former Member
    Posted on Dec 15, 2011 at 07:19 AM

    Hi Friend

    Physical stock is actual stock available in the plant / storage location & is the figure (Nos) after physical counting is done.

    Logical stock is the stock shown in the system at any point of time.

    Following is the process of how to match the stock.

    1. Creation of Physical Inventory document for which you want to match stock ( T code MI01)

    2. Entry of the physical count in the system (T code MI04)

    3. Posting of inventory difference ( T code MI07)ea

    AFTER POSTING INVENTORY difference THE QTY & VALUE BASED STOCK IS UPDATED.STOCK ACCOUNTS ARE UPDATED.

    You can do PI in IM as well as WM also.

    with regards

    dinesh

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    • Former Member

      Hello Dinesh,

      Thanks for your reply, but what you explained is Physical Inventory process in WM. My questions are related to customization in WM physcial inventory.

      With Regards,

      Kamlakar

      Edited by: Mr.K.D.G on Dec 15, 2011 9:46 AM

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