Typically a physical inventory is carried out in a store without the use of Warehouse Management. A physical inventory is based on data in Inventory Management. It is in Inventory Management that stock data is managed for every site and storage location. The organizational levels relevant to physical inventory are therefore:

• Site
• Storage location

If no storage location segment has been created for an article in a particular storage location, no stock exists for the article. This is why it is not possible to carry out a physical inventory for the article in this storage location.

When the stock of an article is managed using a value-only article, the physical inventory data is entered on the level of the value-only article.

When Warehouse Management is not in use, the system is unaware of where stock is stored in your warehouse. Information on storage bins can, however, be entered in the article master. This information can be printed on the physical inventory document and used for arranging items in the document.

The following example illustrates the structure of a physical inventory document:

Header of a physical inventory document:

Items in a physical inventory document: