Results of Balance Sheet Valuation: Price Variances
Use
After executing different procedures in balance sheet valuation, you often have to compare the resulting prices.
Usually the aim of such an investigation is to determine those prices for which the variance from the book price is noticeably high.
For example, this is how you can uncover unrealistic purchase order prices that are collected by the lowest value determination for market prices.
Features
The system always determines the difference between a physical inventory price and a comparison price and generates a list. You can narrow down the list using material numbers, valuation areas, valuation types, valuation classes, material types and material groups.
The physical inventory price can be one of the following prices:
One of the price fields updated in the material master record
The lowest of several of the price fields updated in the material master record
The comparison price can be one of the following prices:
Current material price
Material price from the previous month or year
Current standard price
Standard price from the previous month or year
Current moving average price
Moving average price from the previous month or year
Tax price 1, 2, or 3
Commercial price 1, 2, or 3
See also: