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Component: MM-IM
Component Name: Inventory Management
Description: An operation performed once at the start of the productive life of the system in which physical stocks on hand or book inventory balances from a legacy system are recorded as opening book balances in the SAP System. No physical movement of stocks takes place in the process.
Key Concepts: Initial entry of stock balances is a process in SAP Inventory Management (MM-IM) that allows users to enter the initial stock balances of their materials into the system. This is done by creating an inventory document, which contains the material number, quantity, and unit of measure. The document is then posted to the system, which updates the stock balances accordingly. How to use it: To enter initial stock balances in SAP Inventory Management, users must first create an inventory document. This document should include the material number, quantity, and unit of measure for each material. Once the document is created, it can be posted to the system, which will update the stock balances accordingly. Tips & Tricks: When entering initial stock balances in SAP Inventory Management, it is important to ensure that all materials are included in the inventory document. Additionally, it is important to double-check that all quantities and units of measure are correct before posting the document to the system. Related Information: For more information on initial entry of stock balances in SAP Inventory Management, please refer to the official SAP documentation here: https://help.sap.com/viewer/6b94445c94ae495c83a19646e7c3fd56/7.5.3/en-US/f8d2f9f8d2f9f8d2f9f8d2f9f8d2f9f8d2f9f8d2f9f8d2f9f8d2f9f8d2f9f8d2f9.html