What is movement type in SAP MM-IM - Inventory Management?

SAP Term: movement type

• Component: MM-IM

• Component Name: Inventory Management

• Description: A classification key indicating the type of material movement for example, goods receipt, goods issue, physical stock transfer. The movement type enables the system to find predefined posting rules determining how the accounts of the financial accounting system stock and consumption accounts are to be posted and how the stock fields in the material master record are to be updated.

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• Key Concepts: 
  A movement type is a three-digit identification key used in SAP Inventory Management (MM-IM) to differentiate between various goods movements. It is used to determine the type of inventory transaction that is being performed, such as goods receipt, goods issue, transfer posting, and physical inventory. The movement type also determines the account assignment of the goods movement and the screen layout for the transaction. 
  
  How to use it: 
  In order to use a movement type, it must first be defined in the system. This can be done by entering transaction code OMS2 in the SAP command field. Once the movement type is defined, it can be used in any inventory management transaction. For example, when creating a goods receipt, the user must select the appropriate movement type from a drop-down list. 
  
  Tips & Tricks: 
  When defining a new movement type, it is important to ensure that all necessary fields are filled out correctly. This includes specifying the account assignment category and the screen layout for the transaction. Additionally, it is important to ensure that all relevant settings are enabled for the movement type, such as automatic account determination and automatic stock determination. 
  
  Related Information: 
  For more information on movement types in SAP Inventory Management (MM-IM), please refer to the official SAP documentation at https://help.sap.com/viewer/product/SAP_ERP_Central_Component/6.0/en-US/f3d8f9a7c9e04b8f9a7c9e04b8f9a7c9e04b8f9a7c9e04b8f9a7c9e04b8f9a7c9e04b8f9a7c9e04b8f9a7c9e04b8f9a7c9e04b8f9a7c9e04b8f9a7c9e04b8f9a7c9e04b8f.html