How To Fix W7066 - Value-only material &1 is being physically inventoried in plant &2

SAP Error Message - Details

• Message type: E = Error

• Message class: W7 - Message Class for Value-Only Based Inventory Management

• Message number: 066

• Message text: Value-only material &1 is being physically inventoried in plant &2

What causes this issue?

Value-only material &V1& was inventoried in plant &V2&. This
physical inventory has not yet been updated.

System Response

INCLUDE ISR_VERARBEITUNG

How to fix this error?

Please check your entries. If necessary, update the physical
inventory in question.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message W7066 - Value-only material &1 is being physically inventoried in plant &2 ?

  Certainly! Here's a detailed explanation for the SAP error message W7066:
  
  SAP Message W7066:
  Text:
  
  Value-only material &1 is being physically inventoried in plant &2
  
  Cause:
  This warning message occurs when a value-only material is included in a physical inventory document for a specific plant.
  
  Value-only materials are materials that do not have a quantity management in inventory but only have a value (e.g., materials managed only in financial accounting, like consignment or subcontracting materials without stock quantity).
  Since these materials do not have a physical stock quantity, they should not be physically inventoried.
  Including such materials in a physical inventory document is inconsistent because physical inventory counts require a physical quantity to be counted.
  
  
  Explanation:
  
  In SAP, materials can be managed either with quantity and value or with value only.
  Physical inventory processes are designed to count physical quantities.
  Value-only materials do not have a physical stock quantity, so counting them physically is not applicable.
  The system issues this warning to alert the user that the material should not be part of the physical inventory.
  
  
  Solution:
  
  
  Check the material master data:
  
  Verify if the material is indeed a value-only material.
  You can check this in the material master under the Accounting 1 view or Plant Data / Storage 1 view.
  The indicator for value-only management is set in the material master.
  
  
  
  Remove the value-only material from the physical inventory document:
  
  Since these materials cannot be physically counted, they should be excluded from the physical inventory document.
  Adjust the physical inventory document to remove the value-only material.
  
  
  
  If the material should be physically inventoried:
  
  Review the material master settings.
  If the material should be managed with quantity, update the material master to enable quantity management.
  This may involve changing the valuation type or stock management settings.
  
  
  
  Use appropriate inventory procedures for value-only materials:
  
  For value-only materials, inventory is usually done via accounting adjustments or periodic valuation rather than physical counting.
  Consult with your finance or controlling team for the correct process.
  
  
  
  
  Related Information:
  
  
  Transaction codes:
  
  MI01 / MI04 / MI07 – Create / Enter / Post Physical Inventory Document
  MM02 – Change Material Master
  MB51 – Material Document List (to check inventory movements)
  
  
  
  SAP Notes and Documentation:
  
  SAP Help Portal on Physical Inventory and Material Master settings.
  SAP Note related to value-only materials and physical inventory (search for W7066 in SAP OSS).
  
  
  
  Configuration:
  
  Material master field "Value-only material" (field MARC-BEWTP or related) controls whether a material is value-only.
  Physical inventory procedures should be aligned with material master settings.
  
  
  
  
  Summary:
  
  Cause: Value-only materials cannot be physically inventoried because they have no physical stock quantity.
  Solution: Remove value-only materials from physical inventory documents or change material master settings if physical inventory is required.
  Additional: Use accounting-based inventory methods for value-only materials.
  
  
  If you need help with specific steps to check or change material master data or adjust physical inventory documents, feel free to ask!