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This report contains information that may be required for IFRS reporting disclosure. IFRS reporting requires an overview of the method used to value your company's inventory, for example in the Notes to Financial Statements. In SAP Business One, it is possible to specify the inventory valuation method at the item level, and to group the inventory items that are of a similar nature in item groups. Inventory items with a similar nature should be valued using the same method, and this report can be used to validate your inventory valuation methods prior to IFRS reporting. You may need to provide the result of this report as part of your IFRS disclosure requirement.

This report can be found under   Inventory   Inventory Reports   Inventory Valuation Method Report  .

Note Note

This report is relevant for perpetual inventory systems only. The valuation method for each item is read from the item master data. If your company is running a nonperpetual inventory system, the Valuation Method field is not available in the item master data.

End of the note.
Selection Criteria

By default, all items, item groups, locations, and warehouses are preselected. Therefore, to run the report for all items, item groups, locations, and warehouses, all you need to do is choose the OK button.

If you need to define specific selection criteria, you have the following options:

  • Items

    You can specify the items you want to include in the report in several ways. You can specify:

    • Single item numbers

    • A range of item numbers

    • Whole item groups

  • Warehouse

    You can also include items in the report based on their storage location. Every warehouse, each warehouse in a particular location, or individual warehouses can be included in the report as required.

Report Result

The report displays the list of item groups chosen in the selection criteria and the items that fit those criteria, grouped by item group. The name of each item group is displayed, along with the valuation methods used for the item group, and the number of items valued using each method. You can drill down to the specific item or list of items summarized under a specific item group or valuation method to see the item code, item name, and its valuation method. This can help you to analyze the valuation method assigned to specific items and to decide whether there is a need to disclose the information in your financial statements.