How To Fix W4066 - &: & physical inventory indicator set for inspection stock for fol. year

SAP Error Message - Details

• Message type: E = Error

• Message class: W4 - Messages for material discontinuation

• Message number: 066

• Message text: &: & physical inventory indicator set for inspection stock for fol. year

What causes this issue?

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

System Response

How to fix this error?

INCLUDE W4INVPLANT OBJECT DOKU ID TX LANGUAGE EN

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message W4066 - &: & physical inventory indicator set for inspection stock for fol. year ?

  SAP Error Message:
  
  W4066: "& physical inventory indicator set for inspection stock for fol. year"
  
  Meaning / Cause:
  This warning message occurs during physical inventory processing in SAP when the system detects that the physical inventory indicator is set for inspection stock for the following fiscal year. 
  In other words, the system is informing you that the stock you are trying to post or process has a physical inventory indicator assigned to inspection stock (stock type 'Q') for the next fiscal year, which might not be intended or could cause inconsistencies in inventory valuation or reporting.
  
  Explanation:
  
  Physical Inventory Indicator: This is a flag set on stock or material that indicates whether the stock is subject to physical inventory counting.
  Inspection Stock: Stock that is under quality inspection and is not yet released for unrestricted use.
  Following Fiscal Year: The system is checking the physical inventory indicator for the next fiscal year, which might be different from the current year.
  
  This warning is to alert you that the physical inventory indicator is set for inspection stock in the next fiscal year, which might affect inventory counting or valuation processes.
  
  Possible Causes:
  
  The physical inventory indicator was incorrectly set for inspection stock for the next fiscal year.
  The material master or stock data has inconsistent or outdated physical inventory settings.
  The fiscal year changeover has occurred, but the physical inventory indicator was not updated accordingly.
  There might be a configuration or master data issue related to physical inventory settings for inspection stock.
  
  
  Solution / How to Resolve:
  
  
  Check Physical Inventory Indicator Settings:
  
  Go to the material master (transaction MM02) and check the physical inventory indicator for the inspection stock.
  Verify if the indicator is correctly set for the current and following fiscal years.
  
  
  
  Adjust Physical Inventory Indicator:
  
  If the indicator is incorrectly set for inspection stock for the next fiscal year, correct it to the appropriate value.
  This can be done in the material master or via inventory management transactions.
  
  
  
  Review Fiscal Year Settings:
  
  Ensure that the fiscal year changeover has been properly executed.
  Check if the physical inventory periods and indicators are correctly maintained for the new fiscal year.
  
  
  
  Consult Inventory Management Team:
  
  Coordinate with the inventory or quality management team to confirm if inspection stock should have a physical inventory indicator set for the next fiscal year.
  
  
  
  Ignore if Intentional:
  
  If the setting is intentional and the warning does not affect your process, you may acknowledge the warning and proceed.
  
  
  
  
  Related Information:
  
  Transaction Codes:
  
  MI01 / MI04 / MI07 – Physical inventory document creation and processing.
  MM02 – Change material master.
  MB1A / MIGO – Goods movements.
  
  
  SAP Notes / Documentation:
  
  Check SAP Notes related to physical inventory and inspection stock for your SAP version.
  
  
  Stock Types:
  
  Inspection stock (Q) is a special stock type and may have different physical inventory handling rules.
  
  
  Physical Inventory Indicator:
  
  Usually maintained in the material master under the Accounting 1 or Plant Data / Storage 1 views.
  
  
  
  
  Summary:
  The warning W4066 indicates that the physical inventory indicator is set for inspection stock for the next fiscal year, which may or may not be intended. Verify and correct the physical inventory indicator settings in the material master or inventory management system to ensure accurate physical inventory processing.
  
  If you need further assistance, please provide the exact transaction or process step where this warning occurs, and the material or plant details.