This paper will provide you with a step by step guide to the configuration of the Inventory Management under the MM modules. 

Table of Contents
Objective 
IMG Menu €“ The Starting Point 
Start of the SAP MM Inventory Management Configurations 
The Basic Material Master Configuration : Units of measurement 
Where does the user maintain the UOM? 
Industry Type for Material Master 
Delete or Add in Storage Location for the new Plant 
General Plant Settings in Inventory Management 
Define the Attributes of System Messages 
Start of the Number Range Configurations 
Define Number Assignment for Accounting Documents 
Define Number Assignment for Material and Phys. Inv. Docs 
Define Number Assignment for Reservations 
Start of the Individual Fields IMG Settings 
Field Selection for Goods Movements Initial/Header Screens 
Field Selection for MIGO 
Field Selection per Mvt Type 
Define Screen Layout for Movement Type 
Settings for Transactions and Reference Documents 
Create Storage Location Automatically 
Set Manual Account Assignment for Movement Type 
Maintain Copy Rules for Reference Documents 
Set Up Dynamic Availability Check 
Generate Physical Inventory Documents for Goods Movements 
Allow Negative Stocks 
Set Missing Part Check 
Default the €œDelivery Completed€¯ Indicator 
For GR-Based IV, Reversal of GR Despite Invoice 
Record Reason for Goods Movement 
How to Define, Copy or Change a Movement Types? 
Default Print Control for Material Document 
Define Stock List Display for MMBE 
Define Valuation Class 
Configure Automatic Postings to G/L Accounts 
Storage Location Indicator to allowed/disallowed Physical Inventory Freezing 
Configuration for Vendor Consignment 
Business Process Flow for Vendor Consignment 
The Initial Inventory during Implementation 
Static versus dynamic data conversion 
A Sample note on Inventory Balance Conversion 
Appendix A: The Inventory Goods Movement Configuration Links Explain 
Appendix B: Restrict the Storage Location from any Goods Movement 
Appendix C: Allows/Disallowed Goods Movement Posting to Previous Period 
Appendix D: How to Archive the Materials Documents? 
Appendix E: Configure the Cycle Count in SAP