Physical inventory - Annual counting

[Former Member]

Dear MM consultants,

Can anyone explain procedure to carry out annual inventory for all material.

Points will

[Former Member · Accepted solution]

Hi,

Steps for Physical inventory are-

Create the physical inventory document (MI01) or (MI31)

Maintain inventory cound (MI04) or MI34)

Post the differencess (MI07) or (MI37)

in first step u are creating the list of material to be taken for inventory u can put manualy in Tcode MI01 or u can generate automatically in MI31

in second step u are putting the physical count of the material

in third stage u are posting the differencess found in the inventory.

regards,

sujit

[adwait_bachuwar · Accepted solution]

hi

i just want to add that in the first step you lock the material while doing the annual physial inventory so that nothing can be done with that materil.

once you count and then post it you need to remove this lock so that you can use the material for any of the transactions. so just wanted to add that step in last. so the last step is MI02 and uncheck the blocking option.

[Former Member]

Hi

http://help.sap.com/printdocu/core/Print46c/en/data/pdf/MMIM/MMIM.pdf

Regards

Ram

[former_member581212]

hi,

The Perform Physical Inventory process includes the activities listed below:

Generate PI Document:MI01

Perform Count:MI04

Perform Re-Count if any mistakes has happened in MI04:MI11

Enter Count again :MI04

Compare Count Results with System and then

Clear Differences IM:MI07

Physical Inventory in Material Management

http://www.sap-img.com/materials/physical-inventory-process.htm

http://help.sap.com/saphelp_erp2004/helpdata/EN/4d/2b8e3d43ad11d189410000e829fbbd/frameset.htm

hope it helps...

Regards

Priyanka.P