How To Fix M7403 - No phys. inventory possible for this material

SAP Error Message - Details

• Message type: E = Error

• Message class: M7 - Inventory Management and Physical Inventory

• Message number: 403

• Message text: No phys. inventory possible for this material

What causes this issue?

Value-only material &V1& is of a material type whose stock is managed
on a quantity and value basis.

How to fix this error?

INCLUDE ISR_VERWALTUNG

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message M7403 - No phys. inventory possible for this material ?

  The SAP error message M7403 "No physical inventory possible for this material" typically occurs when you attempt to perform a physical inventory count for a material that is not set up correctly in the system. Here are the common causes, solutions, and related information for this error:
  Causes:
  
  Material Master Data Issues: The material may not be set up for physical inventory in the material master. This can happen if the physical inventory indicator is not set.
  Inventory Management Settings: The material may not be assigned to a valid storage location or may not be managed in inventory.
  Status of the Material: The material could be in a status that does not allow for physical inventory, such as being blocked or marked for deletion.
  Plant or Storage Location Issues: The plant or storage location associated with the material may not be configured correctly for physical inventory.
  Inventory Type: The material might be classified under a type that does not support physical inventory (e.g., non-stock materials).
  
  Solutions:
  
  
  Check Material Master: 
  
  Go to the material master record (transaction code MM03) and check the "Physical Inventory" tab. Ensure that the "Physical Inventory Indicator" is set correctly.
  
  
  
  Verify Inventory Management Settings:
  
  Ensure that the material is assigned to a valid storage location and that it is managed in inventory. You can check this in the material master or through inventory management transactions.
  
  
  
  Review Material Status:
  
  Check if the material is blocked or marked for deletion. If so, you may need to change its status to allow for physical inventory.
  
  
  
  Check Plant and Storage Location Configuration:
  
  Ensure that the plant and storage location are correctly configured for physical inventory. This includes checking if the storage location is active and not blocked.
  
  
  
  Inventory Type Review:
  
  Confirm that the material is not classified as a non-stock item or any other type that does not support physical inventory.
  
  
  
  Consult Documentation:
  
  If the issue persists, consult SAP documentation or your organization's SAP support team for further assistance.
  
  
  
  Related Information:
  
  
  Transaction Codes: 
  
  MM03 (Display Material Master)
  MI01 (Create Physical Inventory Document)
  MI02 (Change Physical Inventory Document)
  MI03 (Display Physical Inventory Document)
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to physical inventory and the M7403 error.
  
  
  User Authorizations: Ensure that the user has the necessary authorizations to perform physical inventory actions.
  
  
  By following these steps, you should be able to identify the cause of the M7403 error and implement the appropriate solution. If the problem continues, it may be beneficial to engage with your SAP support team for more in-depth troubleshooting.