To ensure that the physical inventory count goes smoothly, you have to carry out a number of steps in preparation.
1. Create a physical inventory document.
A physical inventory document contains, among other things, the following data:
2. Blocking Materials for Posting
Due to the delay between a material movement and the posting of that movement, there is a short-term discrepancy between actual warehouse stock and book inventory. To avoid such a discrepancy during physical inventory, it is recommended that you block the materials for posting during the physical inventory. You can set a posting block two ways:
The posting block is automatically cancelled when you post the counting results for the physical inventory document.
3. Print and distribute the physical inventory document.
You must print out the physical inventory document for the physical inventory count and pass it on to the people responsible for doing the counting.