Hi Vishal
the idea with the physical inventory count was, that you count product 1 with more, product 2 with less quantity. If - as per your accounting principle - losses and gains from inventory count are posted to the same G/L account, then the will balance to zero.
Other logistics transactions for this are:
WoC Physical Inventory -> Common Task: New Inventory Adjustment and
WoC Internal Logistics -> Common Task: Change of Stock
For the activity change of stock please see the screens:
In the marked line you see the stock for material SCN1 (my product with stock) you enter in the line change Product SCN2 (the other product) and the quantity you want to "change".
In my example I have a stock of 100ea SCN1 and want to change 25 of them to product SCN2.
(both have same valuation data).
When you release the entry you see the following posting:
You see the corresponding posting for German GAAP is that you post on the same account with the same value with the new product. Journal entry document type is 00041 - Goods Transfer.
If the valuation price is different for both products, then you post the difference to the account for Gains and Losses from Stock Transfer.
Please check in your system and let us know, if it works.
Best regards
Marlene