Physical Inventory: Goods Movement Block
Use
If goods movements occur in the period between stock being counted and the results of the count being compared with the book balance, the results of the physical inventory will be inaccurate. To avoid this, it is recommended that you set a posting block for those articles participating in the physical inventory while the physical inventory is in process.
Features
Setting a Physical Inventory Block
This can be done in one of two ways:
Level Blocked
A physical inventory block is set per item. This enables the stock of an article in one storage location only or only one particular stock type to be blocked for goods movements. The following table represents the levels on which a block, for example, can be set.
1 |
Article |
Site |
Storage location |
Stock type |
||
2 |
Article |
Site |
Storage location |
Valuation type |
Stock type |
|
3 |
Article |
Site |
Storage location |
Special stock |
||
4 |
Storage type |
Bin location |
Article |
Site |
Stock type |
|
5 |
Storage type |
Bin location |
Article |
Valuation type |
Site |
Stock type |
Depending on the type of physical inventory, you can block all the articles in a storage location or all the bin locations of a storage type. This would be advisable, for example, if you work with periodic inventory.
Removing the Physical Inventory Block
The physical inventory block is automatically removed by the system.
The block is removed once the count data has been entered in the system.
The block is removed once physical inventory differences have been posted in Warehouse Management.