About this document
Inventory Valuation - FIFO Basis by David Pendyala is a document available to read on EtoBox.
The document discusses how to configure SAP to value inventory using the FIFO method through balance sheet valuation. It explains the concept with an example and outlines the five configuration steps needed: 1) activating FIFO valuation, 2) defining valuation levels, 3) defining relevant movement types, 4) defining FIFO methods, and 5) configuring FIFO valuation areas. Three transaction codes are then used to run the FIFO valuation at month-end.
- Author
- David Pendyala
- Language
- EN