The Bank Assignment Account For Movement Type presented on this page is a versatile legal template formulated by expert attorneys in accordance with federal and state regulations.
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Movement Type: 551 is used to do Goods Issue for Scrapping. Movement Type: 552 is used when movement 551 document is cancelled. Movement Type: 561 is used for initial entry of stock (e.g., in SAP implementation project). Movement Type: 562 is used for reversal of initial entry of stock.
Tip: Movement type 701 is caused by the actual amount inventoried being greater than the book (SAP) inventory. System generates a Goods Receipt adding the difference to the book inventory. Movement type 702 is caused by the actual amount inventoried being less than the book (SAP) inventory.
What Is a Movement Type? When you enter a goods movement in the system, you must enter a movement type to differentiate between the various goods movements. A movement type is a three-digit identification key for a goods movement.
Movement TypeDescription261Goods issue for an order281Goods issue for a network551Scrapping from unrestricted-use stock601Goods Issue for Delivery (Shipping)4 more rows
Movement Type 561 in SAP corresponds to "Delivery for Goods Receipt without Reference to a Purchase Order." This movement type is used when you want to receive goods into inventory without any direct reference to a purchase order.