Hi Srini,
You may wish to post this question to the MM forum.
http://scn.sap.com/community/erp/logistics-mm
There are various ways to handle this -
- Many organizations use the Physical Inventory (Cycle-count) process - and is the most suitable, but a reasonably lengthier process.
- Some organizations use adhoc movements 501/502, 521/522, 561/562, 551, etc., - more as shortcuts
Typically, the Physical Inventory process includes movement type 701/702.
- MI01 Creating of Physical Inventory Document
- MI21 Print of Physical Inventory Document
- MI04 Entering the count
- MI11 Recount if necessary
- MI20 Difference List
- MI07 is posting the difference
For Physical Inventory process details, refer to the links below -
http://help.sap.com/saphelp_erp60_sp/helpdata/en/4d/2ba31643ad11d189410000e829fbbd/frameset.htm
http://scn.sap.com/thread/674979
Other 501/502, 521/522, 561/562, 551, movements can be posted using the regular MB1A/MB1C/MIGO transactions.
Regards,
Senthil
