What is two-step stock transfer procedure in SAP MM-IM - Inventory Management?

SAP Term: two-step stock transfer procedure

• Component: MM-IM

• Component Name: Inventory Management

• Description: A posting procedure for stock transfers made from storage location to storage location or from plant to plant. Using the two-step procedure enables you to monitor the stock affected by the transfer because it is designated as "in transfer" at the receiving point and administered as such in the system. The SAP system also supports posting of stock transfers using the one-step procedure.

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• Key Concepts: 
  Two-step stock transfer procedure is a process in SAP Inventory Management (MM-IM) that allows for the transfer of stock from one storage location to another. This process involves two steps: the first step is to create a transfer order, and the second step is to post the goods issue and goods receipt documents. 
  
  How to use it: 
  To use the two-step stock transfer procedure, first create a transfer order in SAP. This will specify the source and destination storage locations, as well as the quantity of material to be transferred. Once the transfer order is created, post a goods issue document to move the material from the source storage location to the destination storage location. Finally, post a goods receipt document to confirm that the material has been received at the destination storage location. 
  
  Tips & Tricks: 
  When creating a transfer order, make sure to specify all relevant details such as source and destination storage locations, quantity of material to be transferred, and any other relevant information. Additionally, it is important to post both goods issue and goods receipt documents in order for the two-step stock transfer procedure to be completed successfully. 
  
  Related Information: 
  For more information on two-step stock transfer procedure in SAP Inventory Management (MM-IM), please refer to SAP Help documentation or contact your local SAP support team.