Inventory G/L equals to material valuation

Hi, I would like to know is that sum of G/L account should be equal to material's value unrestricted. Since accounts department question me why the ledge account is not as same as matierl's value (report on MB5B). Thanks!

I use MB5L to list stock value, I found that there have a variance between materials and stock account, the material value is equal to MB52. And the stock account is equal to G/L account balance. I would like to know, why there have a variance, and the variance will go to which account. I suppose materials value as same as sum of stock account. Thanks!

Similar Messages

Cost Estimate by Material Valuation Type

Hi,
Anybody knows about the impact of cost estimate (or standard cost) by material Valuation Type level instead of by Plant level? Especially how is the impact on Moving Average Price calculatio (is it calculated for both valuation type level and plant level?) and the inpact on Production order confirmation (which value will be taken for finish product inventory? Is it Plant level standard price or valuation type standard price?)
Thanks in advance

Hi,
In Split Valuation --
At plant level the material is always valued @Moving average price(MVP)
More specific to the material ,the valuation will be made @ valuation type level --either at Standard cost or MVP. as you wish.
In production order confirmation the valuation will be made @ valuation type level .
For your inventory valuation, you may go for plant level valuation or valuation type level.
Regards,
Murali
Assign points if it is useful

Material valuation - goods reciept reversal

In material valuation what is the use of goods reciept reversal?? how this helps in material valuation...
Edited by: VENKATESH MADANAGOPAL on Dec 15, 2008 5:35 AM

Dear Venkatesh,
The extent to which the stock value changes depends on the sequence in which the goods receipts and invoice receipts are posted. The SAP System allows for both possibilities:
When goods are received before the invoice, the stipulations in the purchase order are used as the basis for posting.
When the invoice is received before the goods, the details on the invoice are used as the basis for posting.
If a physical inventory reveals differences in quantity between the physical stocks and the book inventory, you must correct the book inventory balance manually, that is, the physical inventory differences must be posted. Adjusting the stock quantity leads to a change in the value of the stock.
Regards.............. Sri

Material valuation IFRS

Hello experts,
We are working on an ECC 6.0 implementation for IAS/IFRS. Therefore, it is necessary to have two accounting ledgers (IFRS ledger and Legal ledger for the country - Chile) in order to support two different kind of material valuation (one of the ledger must have a special valuation procedure for material).
Is it possible to manage a parallel valuation of material without material ledger?
Thanks in advance for your help
Regards,
Ricardo

Hi Swaninathan , I to do the material revluation using the inflation accounting, The legal requirement is as below, can you please have a look at it and tell me if it is possible to achieve with the standard program. I am Using J1AX and J1AZ and it doens seem to be working according to the requirement.
We have to inventory revaluation using this standard functionality, we don't need to change any values in the Material master , just have to post it into tax ledger for the reporting purpose.No material Ledger.
I have three business scenarios
1. Domestic inventory from second half of calendar Year
Calculation: need to find the Highest value from invoice, contract or agreement document and do the following calculation
          so for example
Product         PO date                  PO Price
Material A     04-22-2012            $ 500
Material A     04-22-2012            $ 480
Material A     04-22-2012            $ 495
Data in the MM
Product         Units   Standard Price (CLP)          Inventory Total
Material A     100    485                       48.500
Adjust                                                1.500
Total            100    500                       50.000
just calculate the inflation using the inflation index . so just 1500 will go into tax ledger
2. Domestic inventory from first half of calendar Year
Product         PO date                  PO Price
Material A     04-22-2012       $ 500
Material A     04-22-2012       $ 480
Material A     04-22-2012       $ 495
Product                        Units Standard      Price (CLP)          Inventory Total
Material A                    100                   485                       48.500
Adjust                                                                              1.500
Total                           100                   500                       50.000
Infl.Adjust (1,8%-2011)                          509                            50.900
1500(difference from total value)+900(inflation) will go into tax ledger
SO Adjust the inventory according to the Total value of that material and take the difference and post into tax ledger. Is it Possible with the standard functionality of inventory revaluation using J1AX and J1AZ? ? Please let me know if this is possible
3. Domestic inventory from previous year calendar Year
- calculation based on last years inflation.
Please let me know if this is possible.
Thanks & Regards
Saurav.

Multiple physical inventory document active for same material-storage locat

hi experts,
I am using transaction code MI31 for creating physical inventory document for all materials at a particular warehouse(storage location). User is selecting direct generation of of PI documents in the transaction. If by mistake he presses execute button more than once system is creating as many copies of physical inventory documents. As per ERP system logic it sound very wrong to have multiple physical inventory document active for same material-storage location ( no batches or special stocks exist ).
Is there a message number or some standard setting to prevent such occurrence.
regards
Avinash

Hi,
Syetem won't create again physical inventory document, if allready PI is active for the same part number, plant, storage location & batch/valuation type.
Check your PI documnets
Regrads
KRK

Material valuation strategy U in valuation variant

Dear All,
We r trying to use the material valuation strategy U in the valuation variant.
We have also activated the project with the user exit
COPCP005 : User exit for material valuation (strategy U)
Component :EXIT_SAPLCK21_002
INCLUDE ZXCKAU08
However we r not able to get the desired result.
Could you please guide.
Thanks and Regards,
Anand

Hi Ram
During first costing run planned prices entered thru MR 21 will be updated as standard prices. Which means planned prices = std prices.
If you wish to change the prices 6 months down the line = u need to MR 21 upload again and over the earlier planned price. Then u do costing run again. with this costing run, if there is diff in standard prices, system posts revaluation entry.
For Raw materials
Create a simple query which gives u moving avg price, current std price. Analyze the variances and consider revised prices as planned prices for the next 6 months. Next, do costing run and system revaluates the inventory values for raw materials.
If the situation is that prices of raw materials are highly volatile, do costing run level by level as earlier suggested.
But give a word of caution to client on how dynamically variances get recorded and revaluation entries get posted. Also tell them how it impacts not only raw material valuations but also finished and semi finished stock valuations.
Pls assign points if the above clarifies your requirement.

Initial Inventory Load - 561 mvmt type, FIFO Valuation

Hello,
We have a requirement wherein the client wants to have the Initial Inventory Load (Mvmt 561) to be valuated as FIFO.
My understanding is, Initial Inventory Load will always be valuated at Std. Price / Moving Avg. Price.
Can we have Initial Inventory Load valuated using FIFO, if so can you please explain in detail.
Note: Not every Material being loaded is Batch Managed and am not sure if Batch Mgmt is a requirement for FIFO valuation.
Thanks for your help.
Regards,
Bharat.

FIFO is a year end valuation,
you can load initial inventory with 561 and use the external value field to enter whatever value you want, SAP then updates the MAP in material master accordingly.

Goods receipt reversal - material valuation

Friends can any one explain the goods receipt reversal scenario
and how it will affect the material valuation.
I am going through SAP HELP but i did not understood, the concept behind it and how it affect the material valuation once the goods receipt is entered and
after cancelling the good receipt in case of "moving price" and the material valuation carried out.
Please help me
and also i want to know transaction for goods reciept reversal .....
Edited by: VENKATESH MADANAGOPAL on Dec 15, 2008 7:29 AM

Dear Venkatesh,
Most goods movements in Inventory Management lead to changes in stock quantity and therefore in stock value: In the case of goods receipts, the stock value increases and in the case of goods issues, the stock value is reduced.
For materials valuated at a moving average price, the material price can also change in the case of goods receipts for purchase orders. This is the case if the purchase order price differs from the material price.
Planned Delivery Costs for a purchase order are also included in valuation when goods are received. When the goods receipt is posted, provisions are created for planned delivery costs; thus the material is immediately valuated at the expected price. A subsequent debit/credit when the invoice is received is only necessary if there are variances between the stipulations of the order and the invoice.
It is also possible to post the net value of goods received. In this way, cash discounts that have been agreed upon are taken into account in valuation at this point. This means that when a goods receipt is posted for a material with moving average price control, the value of the order minus the cash discount is debited.
Material price changes can also occur during the following transactions in Inventory Management:
Regards..... Sri

Material valuation data lock causing failure in PGI

Greetings experts,
I am running into an issue where a material valuation lock is causing deliveries to fail goods issue when PGI is triggered from the shipment. These shipments contain many deliveries and are sometimes processed in mass (VT12). This is causing issues since the operator is not immediately aware an error occurred as the shipment completes normally and all attached deliveries not containing the affected material are posted. The lock appears to be originating from MIRO during AP invoice creation. Late exclusive block (OMJI) has been activated and set to 30 seconds however this has not eliminated the issue. This supports the MIRO theory since any other posting conflict (other PGIs) should have completed and released the lock within the 30 seconds.
Has anyone ever run into this issue before or found a work around? Custom logic to create a lock record for every material on the delivery seems excessive but may be the only way to notify the users of VT02 and MIRO that the corresponding material valuation data is already locked.
Thanks,
Dom

Hi Paresh,
Are you the person - who worked with for in Heineken? How do you do? No update from you..
We can not change the values in the material master because of that issue..
I have checked for the OSS notes.. but the issue had reassigned to FI team - they had raised it to SAP.
If we create new material, there won't be a problem at all..
Paresh - really we are all missing you..
waiting for your reply Paresh..
Thanks,
Venkatesh.S.P
Edited by: venkatesh paulraj on Mar 17, 2009 1:00 PM
Edited by: venkatesh paulraj on Mar 17, 2009 1:01 PM

Material valuation with respect planned price 1 in material master

Dear All,
     The costing variant PPC1 has been used for released cost estimate. In my scenario I want to create one more variant say ZPC1 where to calculate the value of the material from the planned price 1. In this case
1.     What should be the validity date mentioned in the material master for valuation
2.     The variant has been configured as
a.     Costing Type 12 Mod Std cost Est
i.     Price Update No Update
ii.     Save Parameter With Start of Period
iii.     Misc Cost Sheet
b.     Valuation Variant 001 Planned Valuation
i.     Material Valuation - Planned Price
ii.     Standard Price
c.     Date control
i.     From Date : Start of Current Posting Period
ii.     To Date : End of Current Posting Period
iii.     Qty Struc Date : Current Date
iv.     Val Date : Current Date
d.     Qty Structure Control (As PPC1)
3.     When I run the standard cost estimate with variant ZPC1 the system calculates the standard price of the material even when the price is mentioned in the planned price1.
How the variant should be created to capture the planned price for calculation when using the variant ZPC1.
Kindly help me in this regards
Regards
Vasantha

HI,
The requirement is to execute the cost estimate quaterly for planned price 1.
So we are planning to create separate costing variant to pick the planned price 1 of RM.
Clinet has the Excel file with the details of RM and Price combination but the prices are not available in SAP.
We are looking for the Mass transaction to upload the prices in Planned price 1.
Kindly help.
Thanks,

Changing of Material Valuation Classes

Currently changing of material valuation classes in standard SAP can be achieved if :
    1.   If valuated stocks already exist, you can change the valuation class
        only as follows:
        a) Post the stocks of the material to an interim account.
        b) Change the valuation class in the material master record.
        c) Post the stocks of the material back to their original account
    2.   If open purchase orders already exist, you can only change the
        valuation class if you first flag the corresponding purchase order
        items for deletion.
    3.   If production orders exist for which a goods movement has already
        taken place, you can only change the valuation class if you first
        set the status of the production orders to Deleted.
Is there any other ways that point 2 and 3 can be avoided when trying to change material valuation classes?
Thanks,
CW

HI,
That makes it very tricky doesn't it.
But if this is done at your quietes time (if there is one, but even 24hour 7 day operations have a quiet time?)
You can still carry on producing but yopu will have to hold off from posting anything while the PP orders are blocked/deleted.
I guess that you could use an LSMW job to make sure that the time taken is a minimum.
The job just needs to be fed a list of all PP orders containing the material/s involved and it can then set the delete flags and reset them in seconds (with a manual change of the Valuation class inbetween).
There is not going to be a clean and easy solution to this, all we can do is to try to reduce the pain.
Steve B

User Exit for material valuation is not called up

Dear all,
We want to add special logic when user process the material valuation through CK11N.
We have also activated the project with the user exit COPCP005, changed valuation variant to "valuation price with user exit" and modified ZXCKAU08 in the component EXIT_SAPLCK21_002.
And this special logic is correctly workd on development but we are not able to get the desired result on pre-production and production.
Could you please guide that I check anything more?
Thanks in advance.
SK Roh.

Can you explain a little more where you encountered the problem?
1. Is there a Val Strategy before the Val Strat U that is probably able to find a price for costing?
2. Is the User Exit being triggered?
3. Can you run CK11N in the debug mode (/h) and check if the User Exit is triggered?
4. If all of these occur, the problem probably lies in the ABAP code... check for changes in the material number range or plant codes, or the plant-specific material status - the system does not valuate if the status does not permit it to.
If nothing works, come back with confirmation of the above and we'll go forward from there.
Cheers.

Material Valuation History Details

Hi All,
I have a query on Material Valuation history table.
In the present scenario, a Material master is created in the year 1955 & lot of Material Movements has happened for this material from 1995 to till date.
But if I drill down for the history of this Materialu2019s valuation in u201CMBEWHu201D table I was able to history details only from the year 1998.
I was not able to find any history of valuation for this material between the periods 1995 u2013 1997.
What could be the possible reason for this ?
To capture the Valuation History, is there any settings which could have activated after 1997.
Regards,
Murali Mani

MBEWH table came with 4.5 release .In earlier releases the history records were stored among the normal records in MBEW.
See OSS note 193554

Write Down/Depreciation of Material Valuation Class

Hi,
We are trying to write down/depreciate specific valuation types of materials which are purely for operational purposes ie not strictly project stock. Has anyone gone thru an exercise where they have performed such an exercise, for specific material valuation classes?
Thanks

Hi,
Its more a 'revaluation' exercise for specific material class' stock by adjusting original purchased values of their to current book value. They are not Assets as such (ie ones that come out of AuC and then are depreciated accordingly) but material that is classed for more operational purposes eg drilling. So trying to get thru an exercise whereby we can discover book value of specific material classes (ie not have to go through each material) and how we can achieve this 'adjustment' in SAP .
Thanks

Material Valuation Class Changes

Hi All
For the Material Valuation class changes it is showing one open IMPORT PO.
For the Import PO the GRN & INVOICES are completed for the total qty. During the deletion of this PO it is giving error message Invoices pending for delivery costs (function not possible)
Because there is difference of Rs 1800 through IR.
how it will not show as open po ? How to proceed? how to delete the po
Thanks in advance
Rajesh

Hi
Delivery for the all qty is completed & delivery indicator is also set but still for changing the Valuation class for the material this PO is coming as open PO. How to close the same.
As there is difference of exchange rate betn GRN & INVOICES ( -1800 RS) PO & invoices are in EURO
Please help
Regards
Rajesh

Inventory G/L equals to material valuation

Similar Messages

Maybe you are looking for