Entering content frameFunction documentation Definition of a FIFO Method Locate the document in its SAP Library structure

Use

In the R/3 System, FIFO valuation is based on a set of parameters, which are described as the FIFO method in all relevant transactions. The method is a six-character alphanumeric field that you can define in Customizing or from any initial screen during processing in the application. Some attributes of a FIFO method can be freely combined, while others may only be used in certain combinations. These combinations are referred to as models. Model 01 is currently the only one defined for FIFO valuation.

The part of a FIFO method that you can freely define consists of the following aspects:

The differences are explained in an example. If you are determining values on the basis of single receipts, you must generate a document extract prior to FIFO valuation.

 

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