Creating a Base Layer 
When large volumes of data are involved, you should only update LIFO data using background processing.
Procedure
To create base layers, proceed as follows:
- Choose Valuation ®
Balance Sheet Valuation
® LIFO Valuation ® Prepare ® Create Base Layer. The system displays the selection screen.
Enter the materials and pools for which the system is to create a base layer.
- Enter the LIFO method that you want to use.
- If you work with more than one version, enter the version number.
- Select the values that are to be used to determine the layer value. You can choose from previous month, month before last, previous year, and year before last.
- Select Create Base Layer if you want to update the database.
- Select Archive if you want to have the list of base layers optically archived.
- Choose
Execute.
Result
The system displays a list of materials and pools along with the quantities and values.
See also:
Preparation of LIFO Valuation
LIFO Valuation
Balance Sheet Valuation (MM-IM-VP)