Inventory Management - QM Stock

Question

Hi Gurus
Have Few clarifications:-
1) Doing the physical inventory for QM stock is advisable /mandatory (common business Impact)? if not explanation please...
2) Generally Physical Inventory document does contain the single line .....how to accomadate in the same report if any withdrawls been made by lot wise.
Appreciated your advise
Rgds
RG

Answer 1

Hello RG,
Generally we carry out physical inventory for auditing purposes. Also with help of physical inventory we can track balance in goods issue and goods reciept in am particular storage location / (storage type (in WM mamanged applications))
It is recommended that physical inventory is carried out for unrestricted stock, because quality inspection stock can only be issued for sampling. We cannot issue quality inspection stock directly , indeed it needs to be first transfered to unrestricted stock for godds issue.
General process hwich we follow for physical inventory is we create physical inventory document and then we do physical inventory count and then post the diffrences if any. (Recountingg is also applicable if differences are considerable)
Now on point No. 2
We can use posting block indicator while creating physical inventory document, which will restrict goods movement during physical inventory process.
Posting block indicator is located in the HEADER of MI01 T-Code.
The other method to carry out physical inventory is by FREEZE BOOK INVENTORY.
With this goods movement are allowed during physical inventory process, but your book inventory (SAP) will not change.
Br,
Tushar