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process of take physical inventory

Former Member
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How to take physical inventory, becoz my client is first tiem take phy. inventory. how take it.

and pls help about Tcode of material list with current stock.

thanks

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former_member227232
Active Contributor
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Hi,

The flow of Physical inventory is as follows.

1)Create Physical Inventory Document MI01

2)You can set Blocking indicator

3)Print Physical Invetory Documents MI21

4) Hand over the sheets to stores person to do counting.

5)Enter Physical counts in the system MI04

6)List the differences MI20

7)Either we can change the count or

😎 Reinitiate the re-count MI11

9)Post the differences MI07

Results will be Inventory Value will be re-established,Exact available Qty is known which will help in better planning.

Reward if found useful

Vengat