Change valuation method from moving average to FIFO

We have incorrectly given valuation method for our raw materials to moving average instead of FIFO. Now, we have a lot of transactions and cannot change the method after a transaction is done for any item. I want to know if this solution will work:
1. create new database with item and business master data, chart of accounts, item groups as before
2. change valuation method of all items
3. Import GRPO, Excise and A/P invoices from old database
Does step 3 create its own JEs?? If it does, then my problem will be solved.

Hi Krishna,
this is the SAP Business One Forum in German. Please post your threads in English to the forum here:
SAP Business One Application
All the best,
kerstin

Similar Messages

  • How I can change Valuation Method from Moving Average to Standar

    Hi Experts:
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    Hi
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    Regards
    Kamlesh

  • Change costing method from Moving Average to Standard costing

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    Hi Son
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  • Is it possible to change the costing from moving average to standard??

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    Hi Satish
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  • Error in "Inventory Valuation Method using Moving Average"

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    Hi,
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  • Changing of Inventory Valuation:  Standard to Moving Average Price

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    Hi,
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    Regards,
    Sreekanth

  • Shifting from Moving average to standard price

    Hi all
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    Thanks
    Sandeep patil.

    Dear,
    ML is meterial ledger.
    It is used in following cases.
    - You have mutliple currencies and to see the stock in differnt currancies.
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    Hi,
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  • Change controlling method from CO to PS

    Hi
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    Frank

    Hi,
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  • Moving Average Method -- Service Items

    Hi All,
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    SV Reddy

    Hi,
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  • Valuation methods

    Hi,
    Can we use separate valuation methods (ex. moving average, FIFO etc) for each plant separately, when all the plants are under same company code and if we set up plant as our valuation area? Please advice.
    With regards,
    Prabhakar.

    Hi,
    If we set up plant as valuation area means,
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    Each and every material in the plant will be having its own price depending upon the price control (v or s)(v--moving avarage price price value keeps changing over a period of time, s price will be constant over a period of time).
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    The report TCODES MMBE, MB52 ,MC.9 etc will provide all the details with regard to the stocks, values.
    Regards,

  • Inventory list with moving average price

    Hi all,
                 How do I get the list of inventory stock using the valuation method as MOVING AVERAGE.
    Iam able to get the list using last purchase price, But how do I get it using Moving average Price.
    Thanks in advance.

    Moving average price for item might be different by each warehouse.  Inventory Valuation Report can be used to get the whole picture for any single item by moving average price.
    If you want to get more items, you can try this query to see:
    SELECT T0.ItemCode, T1.ItemName, T0.WhsCode, T0.OnHand, T0.AvgPrice, (T0.OnHand * T0.AvgPrice) AS 'Amount'
    FROM dbo.OITW T0 INNER JOIN dbo.OITM T1 ON T0.ItemCode = T1.ItemCode WHERE T0.OnHand > 0
    Thanks,
    Gordo

  • Change of Valuation Method

    Dear All
    Is it possible to Change the valuation method from FIFO to LIFO or Moving Average Price, when the Stocks are available in factory

    Standard to MAP and vice versa are very well explained in the document provided by Ramana on page 31. Thanks Ramana!
    As far as the FIFO and LIFO valuation are concerned, the system continues to maintain in standard or MAP, as setup by the price control indicator, S or V. What the system does is, at the period end, finds what would be the value of the closing stock, if FIFO or LIFO is method is followed. It is only relevant to valuation of closing inventory. <b>It is for information purpose</b>, but still if you want to value the inventory on FIFO or LIFO basis, then <b>you can set up the update indicator</b>. If it is done so, then the value proposed by LIFO/FIFO analysis is updated, <b>as if it were a price change.</b>
    In OMWE you can <b>parallely maintain both LIFO and FIFO</b> active.

  • Moving Average price, Std price and FIFO

    Hi folks,
    It seems our client wants to use FIFO valuation for its items rather than Moving Average because FIFO gives them an actual price for their Finished Goods (the client does not have any manufacturing).
    I beleive the question the client wants answered is: <b>Can they can use the FIFO valuation within COPA-AB (account based) instead of costing based</b>.
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    I think CO-PC handles this, however I think you need PP implemented as well and the client is not implementing PP at this time. I could also be totally wrong about all of this.
    Hopefully this all makes sense. Unfortunately I cannot upload an example of what I mean.
    Appreciate any thoughts on this.
    Thanks!

    You are absolutely correct.
    COPA is used for reporting cost & revenues for internal use. It has nothing do with inventory valuation.
    It is product costing which is used for material valuation in manufacturing scenario. As you mentioned, that products are not manufactured. there is no need to implement PP & product costing.
    In SAP material is valuated either at moving average price or standard price a sper price control in material master. However, there are functionality in SAP where materials can be re valuated at period end for legal reporting. Explore the functionality in MM -> balance sheet valuation (do not remember the exact path). In this materials can be re-valuated as per various principles or can be done via user exits.
    Hope it helps.

  • Valuation Method

    Good Morning.
    may somebody help me please?
    I have a problem with the stock value method.
    I need to change the method from some items, from standard to weighted average.
    I followed all the step mentioned in "Help Sap".
    All warehouses are in zero, and there are not open documents like purchase orders, production order, deliveries without invoice, etc.
    I have done the same with several items, some allow me to change the method but not in others, and i do not know what is the cause
    thank you very much in advance

    HI
    Check This SAP Note
    869071 - Changing the valuation method items
    https://websmp230.sap-ag.de/sap(bD1lbiZjPTAwMQ==)/bc/bsp/sno/ui_entry/entry.htm?param=69765F6D6F64653D3030312669765F7361…
    Thanks
    Mohammad Imran

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