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Activate/Deactivate LIFO/FIFO Valuation

In this step, you define whether you want to use LIFO valuation or FIFO valuation in your company.

You can use a combination of both procedures.

Activities

Activate LIFO valuation and/or FIFO valuation.

Recommendation

Always activate LIFO and FIFO valuation, irrespective of which procedure you want to use.

Notes on transport

In this step, you maintain the table TCURM. This table activates/deactivates key functions in the client. It:

• Defines the valuation level (plant / company code)

• Activates the Late material block

• Activatessplit valuation

Since the automatic transport of an indicator could activate/deactivate other functions, you cannot use the automatic transport function here.

Maintain the Customizing function manually in the target system.

For the first Customizing transport to a target system that is not yet productive, you can transport the table manually. To do this, you must include the entry R3TR TABU TCURM in the transport request.