This document provides a step-by-step guide to performing physical inventory processes in SAP. Physical inventory is the process of counting stock on hand and reconciling it to book inventory balances. This is critical for maintaining accurate inventory records and financial reporting.
The document breaks down into following main parts :
- Creating, changing, and displaying physical inventory documents to plan and record counts
- Entering inventory counts and making changes if needed
- Performing recounts if discrepancies are found
- Reviewing difference lists between counted and booked quantities
- Posting differences to adjust inventory balances
The guide walks through end-to-end physical inventory procedures from initial document creation through executing counts, making updates, and posting adjustments. It provides transaction codes, screenshots, and step-by-step instructions for users to follow. Master data elements, required entries, and SAP navigation are explained.
List of transaction codes covered in the guide are;
Tcode | Description |
MI01 | Create Physical Inventory Document |
MI02 | Change Physical Inventory Document |
MI03 | Display Physical Inventory Document |
MI04 | Enter Inventory Count |
MI05 | Change Inventory Count |
MI06 | Display Inventory Count |
MI11 | Recount Physical Inventory Document |
MI20 | Display Difference List |
MI07 | Post Differences |