What is base date in SAP MM-IM - Inventory Management?

SAP Term: base date

• Component: MM-IM

• Component Name: Inventory Management

• Description: A date entered in the header of a reservation document. The system then uses this date as the default value for the "date required" field in each item of the reservation.

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• Key Concepts: 
  Base date is a term used in SAP Inventory Management (MM-IM) to refer to the date used to determine the availability of materials for a particular transaction. It is used to calculate the quantity of materials available for a particular transaction, and is usually set to the current date. 
  
  How to use it: 
  The base date can be set in the material master record, or it can be set manually when creating a goods movement document. The base date is used to determine the quantity of materials available for a particular transaction, and it is important to ensure that the correct base date is set in order to ensure accurate inventory management. 
  
  Tips & Tricks: 
  It is important to remember that the base date should be set correctly in order to ensure accurate inventory management. If the base date is not set correctly, it could lead to incorrect inventory levels and incorrect availability of materials. 
  
  Related Information: 
  For more information on base dates and how they are used in SAP Inventory Management, please refer to the SAP Help documentation.