Bulk update of inventory for last evaluated price

In SAP, there are about 10,000 items . Last evaluated price is not assigned for many items. So it is very tedious task of assigning the price. For each item Inventory Audit Report is executed. Is there any way of assigning the last evaluated price in bulk ? I want to update the entire inventory in single instance.

Hi,
Last Evaluated Price is volatile and unreliable. It is updated whenever you run the Inventory Valuation Simulation Report (Inventory > Inventory Reports > Inventory Valuation Simulation Report).
This report should only be run to see what the value of your stock would be if you were to use another valuation method than has been set in your settings (Administration > System Initialization > Company Details > Basic Initialization > Item Groups Valuation Method).
So you really should not need to update the Last Evaluated Price, because you should not be using this price for any business purposes like for example calculating your sales margins.
If you want to do so anyway, use the Inventory Valuation Simulation Report.
Regards,
Johan

Similar Messages

Last Evaluated Price not updating

Hi,
I have a very wierd issue which I have never seen before as explained below. The system is 8.82 PL 6.
Problem: The Last Evaluated price (LEP) is not updating on Item Master Data (IMD) under certain conditions.
Explanations:
1. All items have a valuation method of FIFO
2. For a particular item let us call it 101381, if I open the IMD, select LEP, the price shows up as 516.80
3. There are definitely Goods Receipts for this item with a lower price than 516.80
4. I run the 'Inventory Valuation Simulation Report' with blank From-Item and To-Item, i.e. for all items, calc. method as moving average, Posting date blank and WHs checked off
5. There are thousands of items in our IMD but obviously, the report that comes up just shows the first item on our IMD 100000, and if we want to see 101381, we need to click the green right arrow 1381 times. So instead of scrolling over, I simply click OK to close this report, assuming that the LEP for 101381 has been updated
6. I once again open the IMD for 101381 and choose LEP. Strangely, the LEP price still shows as 516.80!
7. Then I run the report for a block of Items say from 101380 to 101390, keeping all other criteria the same as before
8. This time, I click the green arrow 10 times to scroll from 101380 to 101390 and then clck OK to close the report.
9. Now if I open the Item 101381 and check the LEP, it has been updated to 510.78!!!
10. The same thing happens, i.e. the LEP gets updated if I simply select just 1 item i.e. FROM 101381 TO 101381.
Why does the LEP not get updated automatically when all Items are taken at once? There is no way the users are going to click the green right arrow 20000 times just to refresh the LEP on all 20000 items. I am not sure if this is a bug in this PL?
I have tested this extensively and any positive suggestions will be greatly appreciated.
Thanks,
Ajay Audich

Hi,
Please refer SAP note:
1952446 - Inventory audit report updates item's last evaluated
price
Thanks & Regards,
Nagarajan

Last Evaluation Price with FIFO

Hi all
I am using FIFO Valuation method on 2007 SP01 PL05. I have made two purchases of an item code with the prices below:
01/05/10, 10 units, 8 u20AC
03/05/10, 10 units, 8.2 u20AC.
After that I sell 10 units to a customer of mine. When I run the Product Evaluation Report I would expect the item to have as Last Evaluation Price 8,2 u20AC. This is because I have sold the first 10 units (bought for 8 Euros) so the remaining have all being bought for 8,2 Euros.
However, running the report the Last Evaluation Price is shown as 8 Euros.
Is this the right operation for FIFO on SAP Business One?
Thank you in advance
Gerasimos Galatis

Hi there,
The Last Evaluated/Calculated Price is only updated when you run the Inventory Valuation Report. This value is actually meaningless, unless used to calculate Price List values.
Kind regards
Carin

Difference between Item Cost and Last Evaluated Price

Dear All,
What is the difference between Item Cost and Price in Last Evaluated Price List. Exactly when are they updated?
Regards
Sibasish

Hi Sibasish,
The "Last Evaluated Price" is simply a price list but can't have a direct manipulation like other price lists. Its values may not involve in any accounting transactions if it's not selected for the concerned transaction any way.
On the other hand the item cost is the cost which is maintained by SAP B1 (until and unless you select the Standard Valuation Method), and it gets involved in the accounting transactions where inventory is involved. For e.g. the "COGS" is calculated on the basis of this value.
Please close this thread if answered ... or please let us hear something more from you on this...

Last Evaluated Price

Hi All,
Any idea what is the last evaluated price? I have used this price for Inventory in Warehouse report under this price but some items appear with price but some is without. Hope some one is able to give example as well, thanks.
Regards,
MH

Hi,
I have executed the Inventory Valuation report and it always prompt that 'No goods receipts or issues were found for items' but the report show some items will quantity.
I have check the inventory posting list for the items, it has Inventory Goods Receipt and then DO to customers, it has goods receipt before but why the system prompt such message? And the Valuation report showed zero cost for all the items in the report.
Regards,
MH

Last Purchase Price & Last evaluated Price

hello experts,
i just wanna know what is the difference in between Last Purchase Price and Last evaluated price. our company uses FIFO.
what is the effect in goods issue if i will use last Purchase Price or Last evaluated price.
Thanks in advance.
FIDEL

Hi Avelino,
The last Purchase Price is the last price paid for an Item, meaning that this price is updated when an AP Invoice is posted as this is considered the purchase price. The price is not updated by Goods Receipt or Prchase Order as an example.
The Last Evaluated Price or Last Calculated is updated when either running the Stock Audit Report or the Stock Valuation Report.
Please note that if the company has been defined with 'Manage Item Cost per Warehouse' in the Company
Details and the Stock Audit Report is used to update the last evaluated price, then the price will be as calculated in the default warehouse of the Item.
For the Goods Issue, the price as given on the rows is only informative, the price that will be credited from the stock account in the Journal Entry is the calculated cost price according to the valuation method that has been defined for the item (FIFO, Moving Average, Standard).
With the Form Settings you can chose to display the 'Item Cost' field in the Goods Issue, this will however only be populated after the Goods Issue has been added. The reason for this is that the price could have changed between the moment when the Goods Issue form was opened and the time that it is added.
I hope this helps.
Jesper

How the system calculated the last evaluated price

how the system calculated the last evaluated price in inventory

Hi!
Last Evaluated Price u2013 the price calculated in the last run of the Inventory Valuation report

Queries Report For Last Purchased Price

Dear All,
Can someone helps me to get queries report for last purchased price vs new purchase price that recently being enter on purchased order.
Trigger by purchased order document posting and we can choose % variance
Report by order :
No. Document PO ; Vendor code ; Vendor Name ; Doc Posting Date ; Item code ; Item Name : New Purchased price ; Last Purchased Price; Variance; Buyer Name
i will used it on alert management.. each time there % variance automaticaly sending an email with those report.
Thanks

So.. is it the right query if i join it?:
SELECT T0.DocEntry, T1.CardCode, T1.CardName, T1.DocDate, T0.ItemCode, T0.Dscription, T0.PriceBefDi, T2.LastPurPrc, (T0.PriceBefDi - T2.LastPurPrc) AS Variance, ((T0.PriceBefDi - T2.LastPurPrc)/T0.PriceBefDi) AS 'Variance%', T3.SlpName FROM POR1 T0 INNER JOIN OPOR T1 ON T0.DocEntry = T1.DocEntry INNER JOIN OITM T2 ON T0.ItemCode = T2.ItemCode INNER JOIN OSLP T3 ON T0.SlpCode = T3.SlpCode
select * from opor where month(docdate) = MONTH(GETDATE()) and Year(docdate) = YEAR(GETDATE())
But i still find document with last month posting include on the report adn the report became different too

DTW for Last Purchase Price

Dear all,
Can we import Last Pruchase Price to SBO using DTW ? so, I can see the historical of last purchase price when I open PO
Best regards
Wibisana

Dear Wibisana,
what is your pupose to update last purchase price list ?
To update price list, you must have the explanation about how to update last purchase pricelist:
Last Purchase Price List
The prices in this price list are updated automatically by the system when the following transactions are performed:
1.     When you enter an incoming invoice # see Purchasing
1.     When you enter a goods receipt # see Goods Receipt
1.     When you enter a positive opening balance for an item # see Inventory and Stock Postings
1.     When you enter a positive inventory result that triggers a goods receipt # see Inventory and Stock Postings
1.     When a product with a BOM is manufactured, where the price of the product is calculated from the last purchase prices of the components # see Production.
1.     When data imports are performed
If none of these transactions have been performed in the system for an item, the "Last Purchase Price" price list will not contain the item
Only the list of the transactions mentioned above changes the price of an item in the "Last Purchase Price" price list.
Even if you enter one of these transactions, but assign it the value 0, the price will not be included or updated in the "Last PurchasePrice" price list.
You can refer other price lists to the "Last Purchase Price" price list with a defined factor. You cannot, however, change the prices in the "Last Purchase Price" price list manually.
then you use the DTW template:
1. item
2. item_prices
you can have both from this folder:
C:\Program Files\SAP\Data Transfer Workbench\Templates\Templates\oItems
then, in the DTW, you use object oItem.
the DTW templates (item and item_prices) must contains the data where they will not act like import but update.
in the item_prices, you must put :
1. linenum : 0 for pricelist 1; 1 for pricelist 2; etc
2. pricelist : 1 for pricelist 1; 2 for pricelist 2; etc
actually, in the pricelist window, do you see that the pricelist last purchase price have base pricelist ? in the form, you will see that the 01 Purchase Price List have last purchase price as its base pricelist.
So, in the template you must use it.
After updating using DTW finished, you could try to use one of the item in the purchase order and see if the unit price changes or not.
I will ask my friend to send the template if you need.
Rgds,

Client wants accurate inventory and last purchase price but no acct entries

My client uses SBO to track inventory but does not use for financials (No AP invoices or payments). They create a goods receipt PO to accurately capture inventory, but now want to update last purchase price as well, which needs to be done with an AP invoice. The problem is the AP invoice creates acct entries for BP and in the GL. Is there any way to reverse the accting entries without updating the last purchase price and inventory levels?

You can manually update the last purchase price either by Goods Receipt or Inventory Tracking & Posting. You just need to create exact Goods Issue or negative tracking to reverse the inventory quantities.
Thanks,
Gordon

Does anyone have sql for last three prices paid?

Hello, We're trying to build a query showing the last three prices paid, by item, PO, LE. Any help would be appreciated.

Assuming that the HP software is up-to-date, but still not working, have you tried Image Capture in the Applications folder. Does that work?

Last Purchase price Warehouse wise for given date

Hai all....
I Want query report for Last purchase price for all items, warehouse wise for given date, i tried following query
SELECT
T10.ItemCode,
(Select i1.Itemname from oitm i1 where i1.itemcode = T10.[ItemCode]) as 'ItemName',
T10.[Whscode],
(SELECT T1.[DocDate] FROM OPDN T1 where T1.[DocEntry] = max(T10.[DocEntry])) as 'Doc_Date',
(SELECT T1.[DocNum] FROM OPDN T1 where T1.[DocEntry] = max(T10.[DocEntry])) as 'GRPO_NO',
(SELECT case avg(T2.[Rate]) when 0 then avg(T2.[price]) else (avg(T2.[price]) * isnull(avg(T2.[Rate]),1)) end FROM PDN1 T2 where T2.[DocEntry] = max(T10.[DocEntry])
and T2.Itemcode = T10.[ItemCode]) as 'Unit_Price',
(SELECT isnull(avg(T3.[Rate]),0) FROM PDN1 T3 where T3.[DocEntry] = max(T10.[DocEntry])
and T3.Itemcode = T10.[ItemCode]) as 'CurrencyRate',
(Select isnull(max(OP1.Docnum),0) from OPCH op1 where op1.Docentry in
(SELECT T12.[trgetEntry] FROM PDN1 T12 where T12.[DocEntry] = max(T10.[DocEntry]))) as 'Invoice_No'
FROM PDN1 T10
INNER JOIN OPDN T11 ON T10.DocEntry = T11.DocEntry and T11.[DocType] = 'I'
where T11.Docdate <= '[%0]' and t10.targettype <> 21
GROUP BY
T10.[ItemCode],T10.[Whscode]
this query working good but problem in this query is ,when the user put back dated entry means this report will show wrong value,bcz i write this query based on MAX of docentry please help me to solve this issue
Edited by: Prasanna s on Mar 27, 2009 5:49 AM
Edited by: Prasanna s on Mar 27, 2009 8:00 AM

Hai ...
please help me in this query,my question is not clear or??

Add a Price List based on last purchase price

Hi!
I'm working with SAP B1 2005 A SP01 PL39 and I'm trying to add a Price List via DIAPI using this code in VB.net.
Dim oPriceList As SAPbobsCOM.PriceLists
oPriceList = oCompany.GetBusinessObject(SAPbobsCOM.BoObjectTypes.oPriceLists)
oPriceList.PriceListName = "PriceList Z"
oPriceList.BasePriceList = 0 '// last purchase price
oPriceList.Factor = 1
oPriceList.GroupNum = BoPriceListGroupNum.boplgn_Group1
oPriceList.RoundingMethod = BoRoundingMethod.borm_NoRounding
oPriceList.Add()
The problem is when the Price List is added, the base price list changes and becomes "PriceList Z" instead of "last purchase price"!!
After i try to update the base price list from "PriceList Z" to "last purchase price" manually at Inventory > Price Lists > Price Lists and it works!
I even tested the code changing the base price list to "last evaluated price"...
oPriceList.BasePriceList = -1 '// last evaluated price
... and it works too! The Price List is added based on the last evaluated price.
I'm only having problems with last purchase price... why?

Thanks for the quick response Petr but my problem isn't solved yet...
As you can read in my first post, i've changed the code and based the new price list on the "Last Evaluated Price".
This "Last Evaluated Price" isn't in the OPLN table and the new price list (with last evaluated price based on) is added successfully.
The problem comes when i try to add a new price list based on the last purchase price.

Price List and Last Purchase Price.

When a Price List based on the Last Purchase Price is created, we have found that a set of problems arise in companies using u201CGoods Receipt POu201D.
EXAMPLE:
Every article received from their suppliers are enclosed with a GOODS RECEIPT.
After 20 days, the supplier issue an invoice including all the Goods Receipts provided during the corresponding month.
Recall that the company has a List Price based on the Last Purchase price.
But, since the Goods Receipt do not update the Last Purchase Price, all new articles in the database, are kept without a Selling Price, and the old articles are not subject to an updated Selling Price. I enclose a draft to show this behavior.
[http://s2.subirimagenes.com/privadas/previo/thump_1047037compraitem.jpg]
You may note that SAP HELP explains:
1.In addition, two price lists are automatically created and calculated by the system:
    - Last purchase price list u2013 the price list is automatically updated when an item enters the stock with its entering price.
    - Last evaluated price list u2013 the price list is automatically updated after you run the Inventory Valuation report.
[http://s2.subirimagenes.com/privadas/previo/thump_1047038help-sap-b1-2007a.jpg]
But this does not happen.
Selling Prices are only updated when the corresponding invoice is entered, but this happen too late, since the invoice issued 20 days after by the supplier.
In other words, it does not work properly for the company.   The example shows:
1 Goods Receipt PO
2 Item master data with Price calculated alter Goods Receipt processing
3 base Price driven to zero.
If Goods Receipts do not update the last Purchase, is not easy to understand why a Selling Price can be based in the Las Purchase Price.
Our customer and me, think that there is a programming error.
Otherwise, the system behavior has not be properly explained to SAP users.
The described facts happen with SAP 2007A PL 49, and SAP 8 PL 5, both versions properly tested
That we need: That Goods Receipt update the last purchase Price and Price List could be constructed don Item bases cost.

Hi Dana,
I'm not sure if this will solve your problem, but, you can create a new price list which is based on the "Last Purchase Price" and set as a factor of 1.65. I'm not sure if the "Last Purchase Price" updates from the Goods Receipt or the PO though?
Does this sound like it might solve your problem?

Last Purchase Price - OITM

HI,
We will be trying on the TEST system to do Goods Issues and Receipts to change the Last Purchase Price but because we use FIFO this may not give the result that we want ie in FIFO it is the the earlier price we want i presume?
I have heard another way of changing the Last Evaluated Price in table OITM as this is also the Last Purchase Price but are unsure the best way to do this?
Can anyone please suggest a way to update the Last Purchase Price ?
Thank you,
MB

Hi Gordon,
Do you mean these notes:
The 'Last Purchase Price' list can only be updated by the following documents:
u2022     AP Invoice
u2022     Goods Receipt (Inventory Transactions)
u2022     Initial Quantity (Inventory Transactions)
u2022     Inventory updates e.g. Stock Posting
u2022     Landed Costs
u2022     Production Order
If so, then do you think that the simplest and easiest way to update the Last Purchase Price would be by doing Goods Receipts ?
Just not sure the affect it will have doing Goods Receipt with FIFO...cannot seem to find much about it.
Best Regards,
MB

Bulk update of inventory for last evaluated price

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