Scribd
Upload
370 views17 pages

Unit 1 - Introduction To Inventory Management

This document provides an introduction to inventory management and physical inventory in SAP ERP. It discusses how inventory management integrates with the SAP ERP central component and describes the functions of managing inventory and conducting physical inventory counts. It also outlines the different types of stock quantities managed in inventory like ordered but unreceived goods. The document notes that inventory is managed by both quantity and value. It describes the different types of goods movements like receipts, issues, transfers and how they are planned, created and verified. It concludes by discussing the transaction used for goods movements in SAP called MIGO and provides an exercise.

Uploaded by

Nguyễn Thành Nam
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
370 views17 pages

Unit 1 - Introduction To Inventory Management

This document provides an introduction to inventory management and physical inventory in SAP ERP. It discusses how inventory management integrates with the SAP ERP central component and describes the functions of managing inventory and conducting physical inventory counts. It also outlines the different types of stock quantities managed in inventory like ordered but unreceived goods. The document notes that inventory is managed by both quantity and value. It describes the different types of goods movements like receipts, issues, transfers and how they are planned, created and verified. It concludes by discussing the transaction used for goods movements in SAP called MIGO and provides an exercise.

Uploaded by

Nguyễn Thành Nam
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
You are on page 1/ 17

Unit 1: Introduction to Inventory Management

By Namnt12

Content
Inventory Management and Physical Inventory Transaction for Goods Movements MIGO Exercise

Lesson 1: Inventory Management and Physical Inventory


Explain how inventory management and the physical inventory are integrated into the SAP ERP Central Component Describe the functions of inventory management and physical inventory

Scope of inventory management

Inventory Management and Inventory as Part of Materials Management

Managing Material Stocks by Quantity


Stock quantities in unrestricted-use stock Stock quantities in quality inspection Stock quantities already ordered but not yet received Stock quantities that are in the warehouse but are reserved for production or a customer

Managing Material Stocks by Value


Quantity and value update for Inventory Management Account assignment for cost accounting G/L accounts for Financial Accounting via an automatic account determination The organizational level on which the material stocks are managed by value is the valuation area.

Planning, Creating, and Verifying All Goods Movements


External movements
Goods receipts from external procurement Goods issues for sales orders

Internal movements
Goods receipts from production Material withdrawals for internal purposes Stock transfers Transfer postings

Carrying Out the Physical Inventory


The physical inventory inventories your stocks Physical inventory can be executed for your own or for external stocks.

Lesson 2: Transaction for Goods Movements - MIGO


Name the screen areas of the single-screen transaction for goods movements Navigate in the single-screen transaction for the goods movements Post a goods receipt with reference to a reference document Explain the account movements during the posting List the effects of a goods movement

Goods movements

Documents for Goods Movements

Units of Entry for Goods Movements


Base unit of measure or stock keeping unit Unit of entry (Sales, issue, Production) Purchase order price unit (Purchasing data)

Transaction MIGO

Entering a Goods Receipt Against a Purchase Order

Hold Data and Manage Held Data

Summary & Exercise

You might also like