How To Fix W4067 - &: & phys. inventory indicator set for blocked stock for following year

SAP Error Message - Details

• Message type: E = Error

• Message class: W4 - Messages for material discontinuation

• Message number: 067

• Message text: &: & phys. inventory indicator set for blocked stock for following 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 W4067 - &: & phys. inventory indicator set for blocked stock for following year ?

  Certainly! Here's a detailed explanation for the SAP error message:
  
  SAP Error Message:
  W4067 & : & phys. inventory indicator set for blocked stock for following year
  
  Meaning / Cause:
  This warning message occurs during physical inventory processing or stock management when the system detects that the physical inventory indicator (used to mark stock for inventory counting) is set for blocked stock in the following fiscal year.
  In other words, the system is warning you that the physical inventory indicator is assigned to stock that is blocked and belongs to the next fiscal year, which might not be intended or could cause inconsistencies in inventory valuation or counting.
  Typical causes include:
  
  Physical inventory document or indicator is created or maintained for stock that is blocked and belongs to the next fiscal year.
  The fiscal year change has occurred, but the physical inventory indicator was not updated or cleared properly.
  Stock is carried forward to the next year with the physical inventory indicator still set.
  Incorrect or premature setting of physical inventory indicators on blocked stock for the upcoming year.
  
  
  Impact:
  
  Physical inventory procedures might be affected because blocked stock is generally not counted or handled differently.
  Inventory valuation and reporting for the new fiscal year could be inconsistent.
  Potential confusion or errors in inventory reconciliation.
  
  
  Solution / How to Resolve:
  
  
  Check the Physical Inventory Indicator:
  
  Review the physical inventory indicator settings for the blocked stock.
  Use transaction codes like MI22 (Change Phys. Inventory Document) or MI24 (Physical Inventory List) to check the inventory documents and indicators.
  
  
  
  Adjust the Physical Inventory Indicator:
  
  If the indicator is set incorrectly for blocked stock in the next fiscal year, remove or reset it.
  You can reset the physical inventory indicator for the blocked stock using transaction MI04 (Enter Phys. Inventory Count) or MI07 (Post Inventory Differences).
  
  
  
  Review Stock Status and Fiscal Year:
  
  Verify the stock status (blocked, unrestricted, quality inspection) and ensure that the physical inventory indicator is only set for stock that should be counted.
  Confirm that the fiscal year change has been properly handled in the system.
  
  
  
  Clear or Update Inventory Documents:
  
  If physical inventory documents exist for blocked stock in the next fiscal year, consider deleting or adjusting them if they are not valid.
  
  
  
  Consult with Inventory and Finance Teams:
  
  Coordinate with inventory management and finance to ensure that blocked stock is handled according to company policy during physical inventory.
  
  
  
  
  Related Information:
  
  Physical Inventory Indicator: A flag used in SAP to mark stock for physical inventory counting.
  Blocked Stock: Stock that is not available for use or sale, often due to quality issues or other restrictions.
  Fiscal Year Change: The transition from one fiscal year to the next, which can affect inventory and accounting processes.
  Relevant Transactions:
  
  MI01 - Create Physical Inventory Document
  MI02 - Change Physical Inventory Document
  MI04 - Enter Physical Inventory Count
  MI07 - Post Inventory Differences
  MB1A/MB1B/MB1C - Goods movements related to stock status changes
  
  
  
  
  Summary:
  The warning W4067 indicates that the physical inventory indicator is set for blocked stock in the following fiscal year, which is unusual and may cause inventory counting or valuation issues. The solution is to review and correct the physical inventory indicators and ensure proper handling of blocked stock during the fiscal year change.
  
  If you need specific SAP notes or further assistance, please provide your SAP system version and module details.