The inventories are done in monthly period basis in the way of ensuring the agreement with the accounting calculations. In between periods, "Mid-Inventory" process can be done from the inventory module for spotcheck purposes. The only difference between creating a mid-inventory and monthly inventory process is that with the mid-inventory inventory item selection can be done according to the subgroup or the storage location. In case of closing the mid-inventory, the amount that was entered to the mid-inventory is updated as the current inventory. The "Cost location summary costs" or K-PROTEL INVENTORY reports that are received in a monthly basis are not effected by the mid-inventory.
Any process activity entered retroactively after the mid-inventory update will not effect the closure value. It will reflect as positive or negative inventory difference.
