Accounting treatment for the difference in inventory in physical vs sap qty

Hello, What is the Impact if the SAP Inventory differs from the Physical Inventory?? and what is the Accounting Entry to rectify the same.

For Example : in SAP the FG or SEMI Material Qty is 100 Units @ 10000 INR. and the Physical Inventory in Shopfloor is 90 Units @ 9000. (Value is as Standard Cost)

So What is the Accounting Treatment for the Same in Financials.

Whether we have to write down the Inventory in SAP or any other way to set off the same (By way of showing the Loss)

 

Replies (1)

I have learned about the best ways of carrying out accounts payable reconciliation in SAP, and I am sure that it is going to be extremely helpful for me in a long run.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
24 October 2026
CA Industrial Trainee

Fytomax Nutrition Private Limited

Aurangabad

CA Inter

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details