Inventory Item, Current Count vs Physical Count. – IBM Maximo

Physical Count:

Physical count is what we actually have in our Storeroom/Inventory physically with specified date when we counted.

Current Balance/Count:

Current balance is what our inventory system is shown. 

If both are not same, then reconciliation should need to be done, so that they both counts will sync with each other.

For that, a two steps are needed in Maximo Inventory,

1. Open required inventory item, Action  > Inventory Adjustment > Physical Count and enter New Count
2. Then Action > Inventory Adjustment  > Reconcile Balance