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:
- Choose Valuation ®
Bal. sheet valuation
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LIFO valuation
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Display
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...
...
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On individual level, if you have carried out individual LIFO valuation...
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On pool level, if you have carried out pool LIFO valuation
The selection screen appears.
Enter the Layer version and LIFO method. Enter the materials or LIFO pools that you want to display.
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.
Specify in the Settings screen box whether you want to display the net or gross values.
- If you want to change the material prices, choose Change material prices. A window appears in which you select if:
- A batch input session should be generated for the price changes
- The prices should be changed directly when valuation is carried out
- You do not want the material prices to be changed, in which case you must select No update.
Choose
to confirm your entries.
- Select Update phys. inv. prices.
- A window appears in which you select the price field in which the LIFO price should be updated. If you want to delete prices in other price fields when carrying out the update, select the Reset field.
Choose
to confirm your entries.
- Choose
List format and a dialog box appears in which you specify the type of print list that you require.
- Enter data as required.
- 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.