Valuation: Revaluation Profiles
Use
Revaluation profiles control revaluations carried out for a site. You can assign profiles in the site master data either at site or merchandise category level. The revaluation profile defines, for example, if a revaluation affects margins and if the relevant articles must be counted before revaluation takes place.
Features
The revaluation profile consists of the following indicators which can either be activated or deactivated:
If this indicator is set, the articles to be revaluated have to be counted before they are revaluated if they are managed on an article basis. If the articles are managed on a value-only basis, a count is always necessary. This indicator is therefore only of any relevance for articles managed on a quantity and value basis.
You can use the store physical inventory functions for counting the stock. If you do this, you must ensure that quantities are corrected before the inventory is revaluated at retail.
In POS - outbound processing, you can transfer condition changes to the stores in the form of IDocs. If the retail price changes and stocks are to be counted before they are revaluated at retail, a "stock count request" flag is set in the IDoc items concerned.
This indicator is only relevant if promotional merchandise is not subject to split valuation.
If this indicator is set, the entire stock of the article on promotion is valuated at the promotional price during the validity period of the promotion. Stock is revaluated at the beginning and end of the promotion: at the beginning based on the promotional price and at the end based on the standard price.
Local markdowns are changes made to prices in sites that were not entered in the retail price conditions in the central SAP system. If this indicator is set at merchandise category level, you can revaluate the stock after a local price has been marked down. Revaluation either takes place online or automatically at POS inbound processing.
If this indicator is set, the stock is revaluated and the margins remain the same. The value of the stock at cost is changed in the same proportion as the value of the stock at retail, with the margin remaining unchanged. An accounting document is created for this transaction and a posting made to Financial Accounting, since a change in the delivered cost of an article is relevant to the profit and loss statement.
If this indicator is not set, the stock is revaluated affecting margins and the margins change. You only change the retail value in this case, but the cost price remains the same. No posting is made to Financial Accounting.
The following figure illustrates the difference between valuating inventory with and without a margin change:
