Inventory Revaluation process

Hi,
We have  many raw material   and for some bulk raw material  & finish sample products we have added in stock, with Movement type 202,       and due to differnt price in material master inventory is increse autaully it is not posted with required price due to material master price problem
   now is there any process to reduce the inventory value by some amount directly   or we have to adjust it with MR21 only 
regards,
  zafar

MR21 to change price or MR22  to add or reduce an costs for a material
Edited by: Jürgen L. on Apr 20, 2010 10:35 AM

Similar Messages

  • Inventory Revaluation

    I need detail information about inventory revaluation, like Tutorial process , import data from DWT , and also how we can do it, and also solution for following matter :Now we have some problem in balance of inventory account, some of them has negative value (Credit) because we register opening voucher by zero for inventory accounts however they have Items and when they issued the item, the account became credit , and now we are going to fix them , so I think the best way is Inventory revaluation but I donu2019t know how can I do this process,
    Thanks

    hello Farhadn,
    The first place where to start looking for documentation is the SAP Business One Customer Portal:
    https://websmp105.sap-ag.de/smb/sbocustomer
    Here please
    - search for the Release 2004 and
    - then for How to guide 2004 A & 2004.2 B.
    Last, open the docuement:
    Continuous Stock System in Release 2004 A and search for material revaluation.
    For information regarding the DTW, I would suggest to use the SDK helpfile.
    Also, can you please explain the issue you have come across again. I am  sorry but I do not understand it. Are you trying to carry out a stock revaluation and it is not working?
    Thank you for your update.
    Marcella Rivi
    SAP Business One Forums Team

  • Can I add a column in Inventory Revaluation document?

    hi experts,
    I'm trying to add a column in Inventory revaluation, but I can't find any related document in the tool of User-Defined fields. are there any way to add a field to Inventory Revaluation?
    thanks...

    Hi,
    In the tools of UDF, could you find Inventory Revaluation under Inventory?
    Thanks,
    Gordon

  • Inventory Revaluation Error : This entry already exists in the foll.table

    Dear community members,
    For Inventory Revaluation, we have used Primary Series for fiscal
    year2008-2009( April2008 -March2009) and total number of documents
    posted last fiscal yr are 43(Primary 1 to Primary 43)
    Starting Fiscal year 2009-2010(April2009-March2010), we havedefined
    series 09-10 (First Number 1) and assigned it to current fiscal year
    (Period Indicator 09-10), but when we are trying to post first
    Inventory Revaluation documnet for fiscal year 09-10 (Series 09-
    10,documnet number 1) , system gives an error "This entry already
    exists in following table(OMRV)
    Please provide the solution ASAP
    Regards,
    Mukesh Agrawal

    Hi,
    You can check the similar settings in the Demo database and if the issue is not reproduced, it can be a database corruption.
    Probably, you need to log a support Ticket to SAP in order to get your issue investigated.
    Kind Regards,
    Jitin
    SAP Business One Forum Team

  • Intercompany Stock Transport Orders - Inventory Revaluation & GATP

    We have intercompany STOs setup using PO document type NB, using the two-step setup, with delivery and billing document/invoice.
    The issues we are having is APO-GATP and FI/MM related:
    1) FI/MM Issue: Because of the long transit times (6 - 8 weeks in-transit), if the inventory is revalued/recosted after the PGI and before the GR, the difference in the inventory value (between the PGI-643 and the GR-101) ends up being posted to a Price Difference account.  Our Finance department then has to manually identify these postings, and make the necessary adjustments or re-posting to the Inventory Revaluation account.
    2) APO-GATP Issue: We are currently investigating the possible solution of changing this to a one-step setup, and add some kind of user exit or enhancement so that the PGI will also trigger the GR, but the inventory will be received into blocked stock instead of unrestricted stock.  We want the inventory that is in-transit, to NOT be available to GATP.  Then, when the inventory actually arrives at the destination plant, we will post a MB1B movement type 344 into unrestricted stock.  This solution may work if the blocked stock does not get revalued when we post a MB1B mvmt type 344 (we will have to test this out).
    If anyone has come across similar issues as I have attempted to describe above and implemented a solution, or has any ideas or suggestions, I'd be happy to hear them.
    Thank you.

    DB49,
    Yes, we normally revalue our inventory annually, so this issue would be confined to a 6-8 week period when inventory is in-transit.  I believe part of the issue with the price differences, is also related to foreign currency exchange rates (different company code currencies), but I'm not the FI expert either, just been asked to "look into" this issue.
    Another possible scenario is to setup another plant in the receiving company code, with one-step STO, so the inventory will be received into this new plant when it is PGI'ed from the sourcing plant.  Then, create a UB STO from this plant to the destination plant (same company code), which will require another posting when the inventory actually arrives.  There is a lot of master data setup for this (lots of materials and lots of company codes/plants combination), and it will still cause problems for the Logistics people.  Maybe this is something they can do during "that time of the year" when the inventory will be revalued.  It will still require master data setup though.
    I'm aware that there is no "ideal" solution for this.  Whatever proposal we come up with, one group is going to end up with the extra workload to take the burden off the other group.
    Thanks for responding so quickly.

  • Reverse Revaluation Process after month end

    Hi All,
    I want to ask is it a common practice to reverse the revaluation postings done by FAGL_FC_VAL after the month end process?  If so, that means the revaluation process is just giving us a better estimate of the outstanding AR and AP amount in the balance sheet to make it more accurate.  Is this correct?
    Thanks.

    Hi,
    Foreign Currency Valuation is needed for all open items (G/L, A/R and A/P) as per different Accounting Standards so that Balance Sheet of the entity displays correct Profit or Loss for the period.
    However since the items are still open its advisable to reverse the valuation on the 1st day of the next period. That's why in FAGL_FC_VAL, system would posts to Unrealized Exch Gain /Loss Account.
    There is an exception though to the Account with balance in Foreign Currency like Main Bank Account. In this case the difference in Foreign Currency needs to be posted to Exch Gain / Loss Realized Account.
    Once the item gets cleared automatically system posts to Exch Gain / Loss Realized Account.
    Regards,
    Sanjay

  • Inventory Revaluation - Price Change (Error (-5002) in DTW)

    Hi All ,
    I want to do the Inventory Revaluation of FIFO Item through DTW.
    There are set of three Template  (OMRV - Doc Header , MRV1 - Doc Lines ,  MRV2 - FIFO Layers)
    Here comes a error : Internal Error (-5002) occurred Application defined or Object Defined error65171
    Please suggest !
    Thanks
    Ashish

    Hi Ashish.......
    Please check the Format Cell of the Price Column and it should be Text.
    Most of the time the problem because of Format Cell........
    Regards,
    Rahul

  • DTW Template for Inventory Revaluation

    Hi experts,
    Please allow me to ask one funny/stupid question?
    Which template should I use to upload data for Inventory Revaluation?
    Is it oMaterialRevaluation?
    Please tell me.

    Hi Tou,
    Check the link
    Re: Mass inventory revaluation with standard cost
    Re: Inventory Revaluation
    Regards
    jambulingam.P

  • Inventory Revaluation Object - DI API support for FIFO

    Hi,
    In 2007 A was included the FIFO method in Inventory Revaluation transaction, but is relevant to have this support in SDK object on DI API.
    thanks!!
    regards

    HELLO,
    Each Profit center has a dirstibution rule (where the profite center distribution is 100%).
    I documents, you can define it manually (as costingcode, also possible to enter distributio rule there).
    You can also enter multiple dimensions in Stocktransfer object by this rule, where inside the rule you can define the relevance of costs centers.
    Regards
    János

  • What's the DTW template for Inventory Revaluation

    I need to update standard cost quarterly for all items. But where is the tempalte for inventory revaluation? I cannot find it.

    DTW is using oMaterialrevaluation template for  Inventory Revaluation
    . If you are using Standard Cost, you may DTW by that object. But it is not available to FIFO.

  • Regard the physical inventory  counting  process

    Hi Experts,
    Can any body lhelp me to  know the process of how to create the physical inventory counting process from begining to end
    i will appreciate your help if you provide with screen shots also thanks.

    Hi,
    [Physical Inventory Counting Process|http://help.sap.com/printdocu/core/Print46c/en/data/pdf/MMIM/MMIM.pdf]
    Regards
    GK.

  • Error while adding Inventory Revaluation

    Dear All,
                while trying to add the inventory revaluation document, the system desnt allow me to add the document and i get an error message. ' The entry already exists in the table OMRV' .
                                                           I have checked the document numbering, series, and the settings too.. Still I'm unable to add this document.. Can anyone please suggest, how to dd this document???
    Thanks in advance,
    Joseph

    hi joseph,
    Check this link already answered
    Asking about SAP B1
    Jeyakanthan

  • Inventory revaluation variance in COPA

    Hello Gurus,
      I would like to know how inventory revaluation variances due to std cost release are accounted in COPA. 
    At my clients site, the inventory revaluation variance is mapped to a value field.  However, I want to know in the system where exactly this mapping is done. 
    For example:
    In FI revaluation variance = $100
    In COPA the revaluation variance for the corresponding value field = -$100
    Is the +/- functionality in COPA included for revaluation variances?
    Any feedback will be helpful.
    Thank you.

    Hi Sanjay,
    While releasing a cost estimate (using CK24/CK40N), it is asking for CO object assignment for material revaluation cost element. Ideally, I would like this revaluation value to flow to COPA. I would appreciate if you could let me know where we configure this.
    Thank you,
    Ram

  • Inventory Revaluation Variance - IRV

    I need your advice how to treat Inventory Revaluation Variance.
    What account type should I assign to IRV? Asset, Liabilities, Revenue or Expense.Must this IRV account zero monthly?
    Also I want to know if this account balance effect on Balance Sheet/Income Statement ???
    Please Advice ...
    Regards

    You can use COGS account. But I have seen that it is always good to have a separate account as it will be easier to reconcile the account. If you want to reconcile COGS account with sales then if you mix up IRV with COGS it will be difficult to match COGS balance with Sales.
    To reconcile inventory balance with GL Account balance:
    1)You have to start reconciliation with the very first period.
    2)Make sure that you are generating subledger entries with unique item cost. I mean you should have frozen cost for the period, before running subledger update for the period.
    3)I hope you have similar inventory & cost period. After inventory period is closed, run subledger update to pickup all transactions from that period. Also run the subledger update with costing source to make sure all revaluation entries gets generated.
    4)I am not sure how cost adjustment works. I cant help you with that.
    5)Also check if this period's inventory balance = prior period's inventory balance + all transactions in this period. This was not true in our case because of some customization was creating an issue.
    6)Purge empty balances program should be run while other inventory transactions are happening. In our case this has created issue in inventory balances.
    7)Check what the sources for GL Account. You have to separate all sources other than OPM. Inventory balance will tie only if you are having only OPM sources that are affecting account balance.
    8) Account reconciliation needs to be performed at every period end. It keeps on accumulating issues over time and becomes difficult to reconcile later.

  • Inventory management process key values plz

    Hi gurus,
    can anyone help me with the process key values
    in my update rules i have this for issues
    process keys= 100,101,104,105,106,110
    and for receipts 000,001,004,005,006,010
    what do they mean i am using the standard update rules
    its very urgent becoz i am getting the stock values wrong
    thanks and regards
    neelu

    hi Neel,
    check oss note 352344 - Process key + reversals in Inventory Management ?
    Symptom
    This note is a consulting note and describes the use of the process key (0PROCESSKEY) in Inventory Management (MSEG). It focusses on the way the system deals with reversed transactions for DataSources 2lis_40_s279 and 2lis_03_bf.
    To be able to use theses DataSources, you ABSOLUTELY MUST activate the transaction key generation (process key, PROCESSKEY) using Transaction MCB_ (from the OLTP IMG for BW: SBIW) (standard, retail or consumption goods).
    The following transaction keys are available
    (PROCESSKEY/Appl. Component/Description):
    000/MM        Misc. receipts
    001/MM        Goods receipt / vendor
    004/MM        Article transfer posting receipt
    005/MM        Stock correction inventory +
    006/MM        Stock correction other +
    007/IS-R      Receipt value-only article (single article
                  posting)
    010/MM        Receipt from stock transfer
    002/IS-R      Merchandise clearing receipt
    003/IS-R      GR from DC
    100/MM        Misc. issues
    101/MM        Returns / Vendor
    104/MM        Article transfer posting issue
    105/MM        Stock correction inventory -
    106/MM        Stock correction other -
    107/IS-R      Issue value-only article (single article
                  posting)
    110/MM        Issue from stock transfer
    102/IS-R      Merchandise clearing issue
    103/IS-R      GI from DC
    450/IS-R      Generic Article (not relevant)
    Remark: Transaction keys 002/003, 102/103 break down the core keys 010/110 in more detail with respect to retail processes. They are only available in an R/3 Retail.
    As you can see in the overview, the transaction keys can be divided according to receipts and issues in Inventory Management. Furthermore, the transaction keys are displayed according to reversed and regular transactions.
    A regular receipt has a debit/credit indicator "S" (SHKZG, 0DCINDIC), whereas a regular issue has a debit/credit indicator "H".
    For reverse transactions the opposite is true.
    Transaction                            D/C ind.   D/C ind.
                                            S          H
    RECEIPTS
    0 Misc. receipts                        regular    reversed
    1 Goods receipt / vendor               regular    reversed
    2 Merchandise clearing receipt        regular    reversed
    3 GR from DC                            regular    reversed
    4 Article transfer posting receipt    regular    reversed
    5 Stock correction inventory +        regular    reversed
    6 Stock correction other +            regular    reversed
    7 Receipt value-only article          regular    reversed
    10 Receipt from stock transfer        regular    reversed
    ISSUES
    100 Misc. issues                       reversed   regular
    101 Returns / vendor                   reversed   regular
    102 Merchandise clearing issue        reversed   regular
    103 GI from DC                         reversed   regular
    104 Article transfer posting issue    reversed   regular
    105 Stock correction inventory -      reversed   regular
    106 Stock correction other -          reversed   regular
    107 Issue value-only article          reversed   regular
    110 Issue from stock transfer         reversed   regular
    Note: You can also recognize a reversal for DataSource 2lis_03_bf by means of the entry 0STORNO = ´X´. The fields that are marked with X in the table are then transferred with negative +/- sign. This was not the case with DataSource 2LIS_40_S279!!! In the case of DataSource 2LIS_40_S279 more logic was required in the BW update rules to make sure that key figures were updated correctly.
    Example:
    In the delivered InfoCubes 0CP_IC_C1 (CP) and 0RT_C01 (Retail), for example in key "Stock correction +", transaction keys 5 and 6 were grouped together. Furthermore, distinction is to be made between the different stock types. Depending on which stock types you want to distinguish between in different key figures, you must use a corresponding condition (IF statement) in the update rules in the BW.
    Example (pseudo source code):
    Updating Routine "stock adjustment +" for 2lis_02_bfIF ( STOCKCAT is initial ) AND         "Evaluated stocks ( PROCESSKEY = 5 OR PROCESSKEY = 6 )._  RESULT = TRANS_AMOUNT.  RETURNCODE = 0.    "Updating Key figureELSE.  RETURNCODE = 4.    "No Updating of KeyfigureENDIF.
    The pseudo source code for 2LIS_40_S279 read as follows:
    Updating Routine "stock adjustment +"  for 2lis_40_s279IF  ( STOCKCAT is initial ) AND         "Evaluated stocks  ( PROCESSKEY = 5 OR PROCESSKEY = 6 ).    IF DCINDIC = 'S'.      RESULT = TRANS_AMOUNT.    "regular    ELSE.      RESULT = -1 * TRANS_AMOUNT.    ENDIF.    RETURNCODE = 0.    "Updating Key figureELSE.     RETURNCODE = 4.    "No Updating of KeyfigureENDIF.
    Here, the debit/credit indicator must be checked in accordance with the table above. Transactions 5 and 6 are receipts in Inventory Management. As the debit/credit indicator is set to "S", it is a regular transaction whose value(TRANS_AMOUNT) is assigned to the key figure. In the other case (debit/credit indicator = "H") it is a reversal, that is, the transaction should reverse a transaction that has already been updated. For this, the value is multiplied by -1 so that a corresponding decrease/reduction of this key figure is achieved during the update of the key figure in the InfoCube.
    This logic is no longer required for the 2LIS_03_BF (see first pseudo source code), because the reversed quantity and values are automatically provided as negative with the help of the 0STORNO field.
    Using this DataSource 2LIS_03_BF, it is for example possible to create a key figure such as "Reversed receipts", which is not a part of the Business Content delivered. The following pseudo source code of an update routine makes this clear:
    Update routine "Reversed receipts"
    IF ( PROCESSKEY = 1 ) AND   (STORNO = ´X` )  "Reverse     RESULT = -1 * TRANS_AMOUNT.     RETURNCODE = 0.ELSE.     RETURNCODE = 4.      "no update of key figure!ENDIF.
    Note:  For DataSource 2LIS_40_S279 the pseudo source code read as follows:
    Update routine "Reversed receipts"
    for 2LIS_40_S279IF ( PROCESSKEY = 1 ) AND   ( DCINDIC = H )  "Reverse     RESULT = TRANS_AMOUNT.     RETURNCODE = 0.ELSE.   RETURNCODE = 4.      "no update of key figure!ENDIF.
    To be able to understand the overall scheme more comprehensively, you should have a look at the update rules of the Standard Business Content for retail or consumption goods (for example InfoCubes 0RT_C01 or 0CP_IC_C1).

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