What is period target and actual inventory in SAP (FIN-BAC-INV - Inventory Accounting)?

SAP Term: period target and actual inventory

• Component: FIN-BAC-INV

• Component Name: Inventory Accounting

• Description: The target and actual quantities of a material from a production order in the current period as determined in a physical inventory.

Smart SAP Assistant

• Key Concepts: 
  Period target and actual inventory is a feature of the FIN-BAC-INV Inventory Accounting component of SAP. This feature allows users to compare the actual inventory levels to the target inventory levels for a given period. This comparison helps users to identify any discrepancies between the two and take corrective action if necessary. 
  
  How to use it: 
  To use this feature, users must first set up the target inventory levels for a given period. This can be done by entering the desired target inventory levels into the system. Once this is done, users can then compare the actual inventory levels to the target inventory levels for that period. This comparison can be done by running a report or viewing the data in a graphical format. 
  
  Tips & Tricks: 
  It is important to regularly review and update the target inventory levels in order to ensure accuracy. Additionally, it is important to monitor any discrepancies between the actual and target inventory levels in order to take corrective action if necessary. 
  
  Related Information: 
  For more information on period target and actual inventory, please refer to SAP's documentation on FIN-BAC-INV Inventory Accounting.