physical inventory

Materials Management (MM)

Physically counting and recording of the actual stock levels of a given material in a given storage location at a specific time.


Business object


A physical inventory comprises items of the same stock type. Each item indicates the quantity counted for a material of that stock type in the storage location.


If the material stocks are managed in a storage bin, the physical inventory is carried for the storage bin rather than for the storage location.

Warehouse Management (MM-WM)

The business object physical inventory is the physical counting of material in a warehouse at a particular time period.


business object


The counted quantity of a material for each storage bin is contained in the inventory items.

Alias: warehouse physical inventory