Solution : https://service.sap.com/sap/support/notes/1402500 (SAP Service marketplace login required)
Summary :
SAP EHP603 introduces a new function for FIFO (First-In, First-Out) valuation of closing stock balances for a month using periodic receipt values across all currency types outlined in the material ledger. This enhancement is crucial for organizations requiring compliance with International Financial Reporting Standards (IFRS) as it relates to the term "functional currency." Key details include the capability to analyze single-level ending inventories based on the FIFO principle where values are aggregated for each period and material, ensuring a refined valuation of ending inventories. Configuration and deployment are accessible via Controlling under Product Cost Controlling and Actual Costing/Material Ledger menus.
Key words :
accounting -> controlling -> product cost controlling -> actual costing/material ledger -> balance sheet valuation procedure, controlling -> product cost controlling -> actual costing/material ledger -> balance sheet valuation procedure, rate = receipt quantity / ending inventory quantity 100 = 80 percentif, calculating periodic receipt valuesthe periodic receipt values, mm balance sheet valuation, classic fifo material price calculation, calculating periodic receipt values, international financial reporting standards, relevant actual receipt values, material ledgerkey figure schemein
Related Notes :
| 1537916 | Price change or inventory valuation with alternative prices |