Advanced FI/MM Stock Reconciliation Report

Introduction/BackgroundAlbemarle seeking to deploy account reconciliation to

automate periodic/quarterly reconciliation and account
balancing in order to facilitate paperless environment
and improve the GL Reconciliation processes. This
process leads to a requirement to create the advanced
FI/MM stock reconciliation process where the
reconciliation process of stock account and GL
reconciliation should be done in SAP ECC.
We have Standard reconciliation report T-code MB5L
which will help us to reconcile the stock for either

Advanced FI/MM Stock Reconciliation Report

Challenges facedDelay in reporting where the stock balances are not

being reconciled between FI and MM reports.
Difficulties in Quarter End Stock Reconciliation process.
Delay in Quarter End Audit Activities.
SAP Standard reconciliation reports only providing
reconciliation for current and previous month stocks.

Advanced FI/MM Stock Reconciliation Report

How to deliver project betterBy using standard program(MB5L) logic, Infosys team
came up with the new way of addressing the solution by
adding additional program logic which will extract stock
values for any period for any fiscal year.
Newly customized logic will help Business to extract
inventory values for any period.

Advanced FI/MM Stock Reconciliation Report

Previously, Business need to record the inventory

values for every period when month end reconciliation
has been done.
The mentioned functionality will facilitate paperless
environment and improve the GL Reconciliation
processes which will help Business for easier auditing
and month end reconciliation closing activities.
We have saved around 180 Hours Approximately
(Nearly 3000 to 5000 USD per year) by delivering this
solution which reduced Business Efforts.

Advanced FI/MM Stock Reconciliation Report

ReportT-Code : ZFBLACKLINE_SUBI(FI/MM Stock
Reconciliation Report)
Input Screen- Current Period Stock
Valuation(Period 04)

Advanced FI/MM Stock Reconciliation Report

Selection ParametersCompany Code
Period
Fiscal Year
Material
Output Screen-

Advanced FI/MM Stock Reconciliation Report

Output File DetailsOutput fields are displayed as follows with Company
Code, G/L Account, Period/Fiscal Year Combination,
Stock/Inventory Account, Stock Account Value.
Current Period Stock Value(Period 04)

Advanced FI/MM Stock Reconciliation Report

Standard MB5L Report- Current Period Stock
Valuation(Period 04)

Advanced FI/MM Stock Reconciliation Report

Report Output-

Advanced FI/MM Stock Reconciliation Report

Standard MB5L Report- Previous Period Stock
Valuation(Period 03)

Advanced FI/MM Stock Reconciliation Report

Report Output-

Advanced FI/MM Stock Reconciliation Report

FI/MM Stock Reconciliation Report

Advanced FI/MM Stock Reconciliation Report

Output -

Advanced FI/MM Stock Reconciliation Report

SAP Standard MB5L Report- We cannot reconcile the
stock balances for old periods(Example: Period 02). As
we can see from below screen shot, we have option to
check stock balances for current period, previous period
or previous year but there is no option to check the stock
balances for Period 02

Advanced FI/MM Stock Reconciliation Report

FI/MM Stock Reconciliation Report: But our FI/MM
report have the capability to reconcile the stock even for
older periods(Period 02) or even old Fiscal year/Periods
too.

Advanced FI/MM Stock Reconciliation Report

Output

Advanced FI/MM Stock Reconciliation Report

Other Advantages: Material wise stock value check
In SAP standard, we use MB5B report to check the stock
value by Material wise.

Advanced FI/MM Stock Reconciliation Report

Our Customized report capable to reconcile the stock
based on Material wise and there is no need to use other
transactions MB5B to check the stock value by Material
wise.

Output Details-

Advanced FI/MM Stock Reconciliation Report

From Finance end, Business check FS10N/FAGLB03 report
to reconcile the stock account /inventory account values
for respective periods.

Advanced FI/MM Stock Reconciliation Report

Thank You!
Functional Consultant
Vimal Arasan
Technical Consultant
Anusha Balakumar