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

SAP Term: physical inventory status

• Component: MM-IM

• Component Name: Inventory Management

• Description: The status of a physical inventory process for a material. The following statuses are possible: Still to be carried out: No physical inventory document has been created. Still to be completed active: An active physical inventory document exists. No inventory adjustment postings have been made to correct any differences revealed. Carried out: The physical inventory has been completed and adjustment postings have been made. Reactivated: A new physical inventory document has been created after the completion of a physical inventory.

Smart SAP Assistant

• Key Concepts: 
  Physical inventory status is a term used in SAP Inventory Management (MM-IM) to describe the current physical condition of an item. It is used to track the actual quantity of an item in stock, as opposed to the quantity that is recorded in the system. This status can be used to identify discrepancies between the actual and recorded quantities, and to take corrective action. 
  
  How to use it: 
  In SAP Inventory Management, physical inventory status is used to track the actual quantity of an item in stock. This status can be updated manually or automatically, depending on the system settings. To manually update the physical inventory status, users can enter the actual quantity of an item in the system. This will then be compared to the recorded quantity and any discrepancies will be highlighted. 
  
  Tips & Tricks: 
  It is important to regularly check and update the physical inventory status of items in order to ensure accuracy and prevent discrepancies. Additionally, it is recommended that users set up automatic updates for frequently used items, as this will help ensure that the physical inventory status is always up-to-date. 
  
  Related Information: 
  For more information on physical inventory status in SAP Inventory Management, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/SAP_ERP_6.0_EHP7/6.07/en-US/f8d9f3c2b7a14e8a9f3d2b7a14e8a9f3d2b7a14e8a9f3d2b7a14e8a9f3d2b7a14e8a9f3d2b7a14e8a9f3d2b7a14e8a9f3d2b7a14e8a9f3d2b7a14e8a9f3d2b7a14e8a9f3d2b7a14e8a9f3d2b7a14e8a9f3d2b7a14e8a9f3d2b7a14e8a9f3d2b7a14e8a9f3d2b7ae1-00-000001.html