Physical Inventory: Value-Only Article Management 

 

Use

A value-only article represents a group of articles for which no Inventory Management on a quantity and value basis is carried out. The total value of the article group (for example, a merchandise category) is represented at the value-only article level. The main features of the value-only article are:

·        The stock quantity of the individual articles is not known

·        Stock is also managed at retail as well as at cost

Since no stock information exists for the individual articles assigned to the value-only article, a physical inventory is carried out for the value-only article based on the retail value.

A value-only article cannot be managed in batches or in different stock types for physical inventory.

Prerequisites

You can only use inventory management on a value-only basis if you use SAP Retail. For further information, see Inventory Management at Value-Only Article Level.

Features

Count

When a physical inventory is carried out for a value-only article, the following applies:

·        The retail value must be entered

·        The quantity can be entered (optional)

When count data entered using a handheld reader is transferred to the SAP system, the system searches for a value-only article (value-only article determination). The retail value of all articles assigned to a value-only article is aggregated at the value-only article level and can be entered as a total in the relevant item.

Physical Inventory Differences

When a physical inventory is carried out for a value-only article, differences occur when the current stock value at retail differs from the retail value determined in the course of the count. A correction is made as follows:

...

       1.      The retail value of the value-only article is replaced by the value determined during counting.

       2.      The delivered price calculated from the moving average price is updated proportionally. The margin valid at value-only article level thus remains unchanged.

Physical inventory differences can only be posted to the previous period if the retail value was “captured” (fixed) for the document in question in the previous period.