How to Clear Stolen or Damaged Stock from In Transit Stock
The following process will shed light on How to Clear Stolen or Damaged Stock from In Transit Stock.
The issue is that when businesses transfer intra company stock, some stocks has been stolen or damaged in In-Transit and that stock shows in the system under In-Transit report (MB5T). After sometimes such type of stock increases gradually and once upon a time it has a huge value stand in the system. Mostly businesses transfer the stock to a specific storage location and they either scrapped or issue to a cost center that stolen or damaged stock from that storage location.
To directly scrapped/remove stolen/damaged stock, there is a standard movement type – 557 (GI adjustment in transit). By transaction MB1A, you can adjust stolen/damaged stock and removed from the In-Transit stock. Let’s say, 662.5 LB stock is stolen or damaged. Now execute the transaction MB1A and adjust the stock 662.5 LB by using movement type-557.
After successfully document posted, check the stock in MB52 or MMBE. The balance stock will be shown after adjustment of stock in movement type-557. Now business can receive the actual stock from In-Transit and complete the stock transfer transaction.
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SAP Technical Manager in HCL Technologies Limited