What is physical inventory document in SAP MM-IM - Inventory Management?

SAP Term: physical inventory document

• Component: MM-IM

• Component Name: Inventory Management

• Description: A document that is the basis for a physical inventory stocktaking process. The physical inventory document is used to: Plan and perform the physical inventory Record the count data Post any differences revealed by the count

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• Key Concepts: 
  A physical inventory document is a document used in SAP Inventory Management (MM-IM) to record the actual physical stock of a material. It is used to compare the actual stock with the book stock and to identify any discrepancies. The document contains information such as material number, quantity, and storage location. 
  
  How to use it: 
  To create a physical inventory document, go to Logistics ? Materials Management ? Inventory Management ? Physical Inventory ? Document Entry. Enter the material number, quantity, and storage location. Once the document is created, it can be printed or saved as a PDF file. 
  
  Tips & Tricks: 
  It is important to ensure that all materials are accurately recorded in the physical inventory document. This will help to ensure that the book stock and actual stock are in sync. 
  
  Related Information: 
  For more information on physical inventory documents, please refer to SAP Help Portal: https://help.sap.com/viewer/product/SAP_ERP_6.0_EHP7/6.07/en-US/f3d8f9a2b7c14e8a9f3d2b5c9f3d2b5c.html