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

Similar Messages

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

    Dear community members,
    For Inventory Revaluation, we have used Primary Series for fiscal
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    posted last fiscal yr are 43(Primary 1 to Primary 43)
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    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.
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    Jitin
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  • 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.
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    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).
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    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.
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    Thanks for responding so quickly.

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

    Hi All ,
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    Here comes a error : Internal Error (-5002) occurred Application defined or Object Defined error65171
    Please suggest !
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    Hi Ashish.......
    Please check the Format Cell of the Price Column and it should be Text.
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  • 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.
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  • 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.

  • 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
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    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 revaluation accounting

    Hi All
    I have to revalue an item in a specific warehouse, i set accounting in warehouse GL Decreasing Account = Stock in trade
    and GL Increasing Account= Inventory Clearing Account. But when I am entering transaction, system creating JE
    Stock in trade = Debit
    Stock in trade = Credit
    While it should be
    Stock in trade = Credit
    Inventory Clearing Account = Debit
    while i selected same accounts in transaction at row level , any one have any idea?
    Thanks

    One side of this entry will always be stock, you have the option to have your expense (write off) and income (write on) coding to different accounts. If you have set your decrease account to stock, the entry you described is what you will get:
    ie increase in valuation:
    Dr Stock
    Cr   Income
    Decrease in valuation
    Dr Expense
    Cr   Stock

  • Mass inventory revaluation with standard cost

    My client uses standard cost and has one primary supplier. The supplier issues a new cost list the first of the year. The client receives a massive spreadsheet with 10000+ item changes.
    Is there a way to import a batch of changes to Inventory Valuation as one does with the StockTaking destination for opening balances?

    Cindy,
    For changing the cost of an item you would use the DTW templates inside oMaterialRevaluation folder in DTW.
    You have to remember couple of things before you do this. 
    If you already have inventory in stock for an item and their cost gets changed then, the Material Revaluation would post the difference to the Variance Account.
    Is this what you would do?    I am giving below the sample for the DTW.
    MaterialRevaluation (Header template)
    RecordKey....DocDate
    1..................20071210
    MaterialRevaluation_lines (Lines template)
    RecordKey....ItemCode.....Price......Quantity....WarehouseCode
    1......................PCB1........11.00............................01
    1......................PCB1........11.00............................02
    1......................ATG1........10.50............................01
    NOTE: If you have the same item in mutiple warehouses then you will have to add a line for each warehouse
    Please let me know
    Suda

  • Inventory Revaluation- what do to if the product was already sold ?

    Helo experts,
    What happens if I need to revaluate the inventory but the product was already sold?
    Any recommendations?
    Many thanks

    Unfortunately you can only revalue the in stock inventory. Once is sold, the product is not going to be subject to revaluation. Only if you reverse all transactions, you may have chance to do.
    Thanks,
    Gordon

  • 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

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