physical inventory issue

[Former Member]

since we implemented sap in my company, we have never done physical inventory but we want to start it from this month and am the person in charge of it so i want to know the financial effects of it afer posting the physical inventory

[Former Member · Accepted solution]

Hi tdot147,

The financial effects is according to the G/L account that you have defined in OBYC.

You need to go to OBYC transaction and check the transaction GBB with INV.

Then, check the valuation class.

GBB - INV is for expenditure/income from inventory differences.

Once you make the post it will be posted against:

Inventory stock (i.e. Raw Materials)

Gain/Loss Phys. Inv.

The inventory stock G/L account is defined in OBYC, with the transaction BSX.

The movement type made for this is 701 and you cannot cancel the posting, you need to make again another physical document and make again the adjustments of the differences.

I hope this link can help you in order to understand the process with Physical Inventory:

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

But, obviosuly, this not mention the impact in Finance.

I hope this information can be helpful.

Kind regards,

Sandra

[Former Member]

Hi,

Please refer the below links. It will help you.

http://wiki.sdn.sap.com/wiki/display/ESpackages/PhysicalInventoryProcessing

Thanks.