Displaying LIFO Valuation 

When large volumes of data are involved, you should only update LIFO data using background processing.

Procedure

If you want to display the LIFO valuation for certain materials or pools, proceed as follows:

  1. Choose Valuation ® Bal. sheet valuation ® LIFO valuation ® Display ® ...
  2. ... ... ® On individual level, if you have carried out individual LIFO valuation

    ... ... ® On pool level, if you have carried out pool LIFO valuation

    The selection screen appears.

  3. Enter the Layer version and LIFO method. Enter the materials or LIFO pools that you want to display.
  4. You can update the material master record with the results of LIFO valuation by selecting the field Database update in the screen box Update results. You can change the material prices or the physical inventory prices in the material master.
  5. Specify in the Settings screen box whether you want to display the net or gross values.

Choose to confirm your entries.

Choose to confirm your entries.

  1. Choose List format and a dialog box appears in which you specify the type of print list that you require.
  2. Enter data as required.
  3. Choose Execute.

Result

The display screen shows the material values according to inventory accounting and those based on the LIFO method.

If you intended to update the database, the system updates the physical inventory prices selected in the material master record. If you specified that the prices should be changed, the system either generates a batch input session to make the price changes, or – in the case of a direct update – makes the price changes immediately.

You can analyze the results using the Schedule Manager and the messages using the application log.