Cycle count Storage location selection

Hi,
Could someone explain to how the Storage locations are selected when I run transaction MICN.
Our settings in config are like this
I have a material in one storage location, it has never been counted. I run the transaction MICN for that material in my plant with today's date nothing is returned. I change the date to one year in the future and the system returns many locations including the one the material is in. I can comprehend that because the count date is empty in the mard table, I have to enter a future date but why do I get many location where the material is not even stored in?
By the way as we only want to count all our items once per year, they have all been set with the letter D in the material master.
Kind Regards
Thierry

Where do you see the advantage of cycle counting if all your materials are classified with D?
In that case you can just use MI31 and do annual inventory.
If you have no last count date, then SAP uses the creation date if the accounting view.
Which is for all materials equal if you loaded them before go-live.
And the storage location is coming from MARD table, all locations for which your material was created. And because you did not activate the box to exclude the materials with zero stock.

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