Build Intermediate Layers for Balance Sheet Valuation 

Use

Together with the prices in the price table, the intermediate layers for balance sheet valuation form the basis for balance sheet valuation procedures.

Prerequisites

You have implemented Inventory Accounting.

You have the necessary authorizations for balance sheet valuation.

Journal data from posted goods movements exists in the system.

Features

The intermediate layers support the following balance sheet valuation procedures:

·        FIFO valuation (intermediate layer Valuated Receipts)

The intermediate layer Valuated Receipts enables you to calculate the inventory on a key date using the FIFO valuation procedure based on the backward fill-up principle.

·        Market price analysis (intermediate layer Incoming Invoices)

·        Flat-rate writedown based on range of coverage (intermediate layer Logistical Goods Movements)

Activities

To build the intermediate layers:

       1.      You are on the initial screen Balance Sheet Valuation: Build Intermediate Layers (transaction FAIB02). To restrict the inventory objects, enter the required data for the company code, plant, and material. Specify a Posting Period for the balance sheet valuation data.

       2.      Specify the intermediate layers:

¡        Incoming Invoices (default)

¡        Valuated Receipts

¡        Logistical Goods Movements

       3.      To be able to analyze the results later, select Detailed Lists under Processing Options.

If you do not select Detailed Lists, only a basic list will be displayed containing the number of inventory objects and an error log.

You can execute an update run or a test run (test run is the default). An update run writes the data to the balance sheet valuation tables, and the new data records overwrite the existing records.

You can execute multiple processing runs in parallel.

For best performance, we recommend keeping the number of parallel processing runs low and to run the job with Background Processing.

 

       4.      Choose  with quick info Execute.

       5.      A detailed list screen appears.
With multiple selection, you can navigate between the different tables using the menu:

¡        Layer: Incoming Invoices

¡        Layer: Valuated Receipts

¡        Layer: Logistical Goods Movements

You can display the posting details in the lower screen area.

You can view extracted inventory objects by searching for them (), such as with the date.

       6.      You can view the intermediate layers in list form.