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.
Similar Messages
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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.
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DomHi 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
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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
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Regards
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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.
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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.
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2. If open purchase orders already exist, you can only change the
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CWHI,
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 -
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 advanceHi,
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 .
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Regards,
Murali
Assign points if it is useful -
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.
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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 ManiMBEWH table came with 4.5 release .In earlier releases the history records were stored among the normal records in MBEW.
See OSS note 193554 -
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 AMDear 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.
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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?
ThanksHi,
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 .
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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
RajeshHi
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
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Rajesh -
Material Valuation Transaction Codes to fill the new records in MBEW table
Hi Experts,
May i know the Material Valuation Transaction Codes because i want to fill the MBEW table with changed(new) records.
Thanks in advance.
Regards,
<BMP>Hi,
Please check the T-codes as follows which be helpful to you :----
ME61 Maintain Vendor Evaluation
ME62 Display Vendor Evaluation
ME63 Evaluation of Automatic Subcriteria
ME64 Evaluation Comparison
ME65 Evaluation Lists
ME6A Changes to Vendor Evaluation
ME6B Display Vendor Evaln. for Material
ME6C Vendors Without Evaluation
ME6D Vendors Not Evaluated Since...
ME6E Evaluation Records Without Weighting
ME6F Print
ME6G Vendor Evaluation in the Background
ME6H Standard Analysis: Vendor Evaluation
ME6Z Transport Vendor Evaluation Tables
Hope this helps........
Regards,
Suman -
CK11N, not using PIR for material valuation.
Hi,
I am trying to run CK11N, material valuation for purchased part using PIR strategy.
My valuation variant has the following strategy:
1. standard price.
2. price from purchase info record.
and I've also configured the sub-strategy for #2 above.
Then, I created PIR for the material.
but for some strange reason, the material cost estimate is not picking up the PIR to valuate the material. Any idea what to check?!Hi,
As per my understanding PIR means planned independent requirement. Normally CK11N has to run for getting the in house manufactured material cost. The system will explode the BOM components of the material and it will copy costs in to the cost roll up. The system will pick up the price from material master accounting view.
CK11N is to identify the material cost, if you are procuring the material means you can very well aware of the material cost.
Regards,
V. Suresh -
PC-WQS: User exit for material valuation
Hello,
Currently we use data from the purchase info records to carry out material valuation of raw materials in the cost estimate. The client would like to get this data from the contracts instead of the info records since all purchase orders get information from the contracts. The second reason is that maintenance of the info record is very cumbersome and prone to errors when creating or updating the cost/ quantity.
My question is, has anyone used the user exit COPCP005 - User exit for material valuation (strategy U) in the valuation variant and has anyone gone after the contracts to get the purchase price?
If yes, I would like to know how you did it.
Thanks,
dineshCan 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. -
Purchase order item text and material valuation class
Dear Experts,
A purchase order item text needs to be maintained for a particular material valuation class when the PO is created, is there anyway that this can be customized?Hi,
Maintained Text in Material master record
patah:Goto material mater change view,select plant view, then go to puchase order text there u
can maitain material text. same text is automatically comes while creating Purchase order.
regards,
Ali -
Material Valuation for Finished Product in Production Scenario
Dear SAP Gurus,
Kindly recommend appropriate Material Valuation Control for Finished Product in manufacturing scenario. SAP recommends pricing control 'S' (Standard), but my client's buying nature is not periodic(varies), they buy material on requirement basis (On actual material consumption ) which is very frequent. Pricing for each buy also changes due to the market conditions. You are requested to suggest me appropriate Material Valuation Control (either S / V) for Finished Product along with reasons, advantages & disadvantages for the same.
Thanks,
ShantanuHi Alll
Well one disavantage in material with 2/V for production consumption is in case of incorrect goods receipt, incorrect price for example, all your consumption will be wrong.
For correction you would have to reverse all production posting, correct the goods receipt and repost the production confirmation.
If you were using 3/S configuration, all consumption would be done in standard price and at month end material ledger would calculate the actual price for price revaluation. People from MM would have time to correct the entries during the month.
Regards.
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