Reservation ensures that availability of stock at a particular time. Sometimes, stocks are to be blocked in advance so that they can be made available at a particular point of time. A material document number will be generated. Select the check tab to check the document. Step 2 в€’ It will fetch all the details from the material document. Step 1 в€’ On the MIGO screen, select Cancellation against a Material Document Number from the drop-down. Follow the steps given below to cancel a goods receipt.

Sometimes a goods receipt is not posted correctly, in which case, it is to be cancelled. Goods receipt is now posted against a purchase document. Step 3 в€’ It will fetch all the details from the selected reference document such as material, quantity, plant, etc. Select the movement type according to the requirement. In this case, we are selecting purchase order.

Select the required document from the drop-down. Step 2 в€’ Goods receipt can be posted against various documents. Goods receipt can be posted by following the steps given below. Goods receipt will show the increase in warehouse stock. Depending upon the movement type, stock is posted in inventory with the help of goods receipt. Goods receipt is the phase where the material is received by the ordering party and its condition and quality are verified. You will get a lot of standard movement types and you can choose one according to your requirement. Step 2 в€’ Select GR Goods Receipt drop-down. Step 1 в€’ On the SAP Menu screen, select Goods Movement (MIGO) by following the above path. Logistics в‡’ Materials Management в‡’ Inventory Management в‡’ Goods Movement в‡’ Goods Movement (MIGO) Movement types can be reached out by following the steps given below в€’ Path to Reach Movement Type The important movement types in SAP MM are as follows в€’ДЎ01 в€’ Goods receipt for purchase order or order.ДЎ03 в€’ Goods receipt for purchase order into GR blocked stock.ДЈ01 в€’ Transfer posting plant to plant in one stepДЈ05 в€’ Transfer posting plant to plant in two steps - placement in storageДЈ11 в€’ Transfer posting storage location to storage location in one stepДЈ13 в€’ Stock transfer storage locations to storage location in two steps - removal from storage. It represents whether the posting in stock is against goods receipt or goods issue. Movement type describes the type of stock posting in inventory. One normally comes across the following terms while doing inventory management в€’ Goods movement creates a document that updates all the stock quantity and value in the inventory that is known as the material document.ДЄ material document is referred by a document number and document year.

It includes planning, entry, and keeping records of all the movements of goods. Inventory management deals with the management of stock, either on value or quantity basis. Listed below are the points to note about inventory management в€’ Inventory management deals with placing and handling the stock received from the vendors in correct place within the companyвЂ™s premises. Once the goods are procured from a vendor, they need to be placed in the companyвЂ™s premises in correct place so that they can be consumed when required. Procurement process starts with gathering requirements and ends with procuring goods from vendors.

Sap movement type 343