Revalue stock
Hi Experts
The client wants to change the stock method to standard costing from average costing. When revulating the stock can the new stock prices be entered through DTW without having to eter the new prices for the stock one by one in the stock re-valuation screen
Thank you
Kind Regards
hi apsara,
Check this wiki page,
How to change the valuation method of an item?
https://www.sdn.sap.com/irj/scn/wiki?path=/pages/viewpage.action&pageid=68747842
Can a default price list be imported into the header of the 'Item Master Data'?
https://www.sdn.sap.com/irj/scn/wiki?path=/pages/viewpage.action&pageid=71204997
Jeyakanthan
Edited by: Jeyakanthan A on Jun 23, 2009 11:58 AM
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Sales order wise stock revaluation
hi
in case of make to stock material we run standard cost estimate every month and revaluate the stock. ck11n ck40n
in case is of make to order stock, is valuated at sales order cost estimate. Please explain how this sales order wise stock will be revaluated.Hi Imdad
First of all, why do you want to revaluate at all? When it is a sales order stock, it should be valuated at the sales order cost estimate and it is valuated as such.. Now why would you like to revaluate it?
Anyways, if you want to do this, then MR21 is the only option... You must specify both Material/Sales order in MR21 in order to revaluate it
But, I would ask you to re-think on why would you want to do this.. Moreover, revaluating stock every month is not a good accounting practice...I hope you have taken your auditors in confidence
Regards
Ajay M -
Revaluation entry - CK24 for Period
Hi All,
I have a basic doubt, when i run standard cost estimate for the next period, i know i can mark it and i cant release it, as the system says its too early to release. Which period does it looks into is it from MM or FI period or ....
When i release the standard cost estimate in the month beginning say March 1st -period 12, is the revaluation entry posted for the current for the period of March (12) or February (11).
I have a requirement saying the revaluation entry is to be posted for the previous period, say February and not March when i release the standard cost estimate for the period
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Any body could you throw some light on this, functionally and
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Thanks in advance
With best regards
GJ.Hello ggg jjj,
First of all as a functional point of view, i dont agree with you, that revaluation impact to be passed to previous period. Allways, the revaluation impact to be passed in the period in which the cost is revised and not the last period since all the activities in the last period will take with old price and already the impact might have got effected. So please know why client wants in that way..
And there is no way that revaluation entry can be passed in the previous period... only the alternative way is to know the impact and pass manual entry and adjust in next month if client is keen on this issue.
Please let me know if you require any further information.
Thank you,
Regards,
Satnosh
Reward points if helpful. -
End of year accounts/stock write down issue
Hi all,
We have had our accounts prepared and looking at the numbers need to do a write down of stock.
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Since both now and in the future, stock write downs will be made probably a few weeks after the end of the financial year (so P&L etc can be prepared), how do we get around this problem? Ideally we want to be able to revalue the old stock at the 30/6 each year.
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RajivHi Gordon,
Thanks for the reply. I have been giving this alot more thought. I think in this case the business process may be in question:
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If so, then the current revaluation system makes sense. If not, then I am not sure what the correct way to revalue inventory is on B1 at the moment, as the built-in method only allows you to revalue stock at hand today rather than stock at posting date specified. From a systems perspective I recognise this makes sense (as otherwise alot of postings regarding profit per item etc would become nonsense!).
If however, like us, most companies finalise inventory figures for write down a few weeks after year end, then what should we be doing?
NOTE: "Year end" in the above does not refer to any specific year-end procedures on SAP, literally just the last day of the financial year upto where we do P&L, Balance Sheet, Trial Balance for accounts submission.
Thanks,
Rajiv -
Hi All
Can anybody please explain regarding the transaction key LKW ( in TCODE : OBYC configuration)
As this LKW key is for Material Ledger documents postings for Accrual and defferals account. As per my knowledge system post the FI document to relevant GL assigned , when we do the ML Costing Run (using TCODE : CKMLCP).At the time of run in the step posting if we don't select the revaluate material check box, system is asking for assignment of GL to LKW key.But the thing is i don't know which entries it'll posted in this case and why it is required to post
But, could anybody please explain the purpose the key LKW.
It'll be great helpful for me
regards
VVRDear Kalappa,
If I want to revalue the stocks, Material Ledger ask me to configurate OBYC operations PRD, PRV and PRY , what kind of accounts I must define here?.
I think if I not going to revalue stocks the consumption is going to be in the actual month you said I must use revenue accounts, it is correct? can you explain more about it? In that case ML is going to make accounting complementary? because all the movements in the beginning was costed by standard cost but now I calculate the Periodic Internal Price, ML is going to make accounting between the difference Periodic Internal price and Standard price for example for movements like consumption, cost of good sales...?
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Request: Warehouse change at A/R Correction Invoice
Currently there is no such funcionality in SAP B1 (2007A), i.e. A/R Correction Invoice does not allow to make warehouse changes (an error message pops out). However there is a need for a funcionality that would allow A/R Correction Invoice to return/withdraw some goods into/from another warehouse they was taken from.
I'll explain it by an example:
BP "Smith" has received an Invoice along with a stock of 100 kg tomatoes, but 20 kg turned out to be spoiled. He returns those 20 kg with a demand for an Invoice Correction. His demand is accepted and Correction Invoice is applied, but for obvious reasons the spoiled tomatoes cannot be returned to the same warehouse they were taken from. Correction Invoice allows only for return of goods to the same warehouse as it was at Invoice. Since these items are valuated by FIFO method, they cannot be moved from the same FIFO layer (which is imperative) using Inventory Transfer in case of a goods return, even if they are managed by batches.
If there is a possibility to make any functionality changes in future patches of SAP B1 versions, changing warehouse in "Should be" line at A/R Correcion Invoice should result in adding or removing quantity difference into/from selected warehouse and revaluating stock accounts. Please let me know if there is any chance for that.
best regards
Thomas StaronHi Tomasz,
I checked your scenario and let me comment it.
The basic behavior of Correction Invoice is that in WAS section displays the data from original document and SHOULD BE section says how the data should look like originally.
In your case Correction Invoice works correctly as company sold 100kg but it should sale only 80 kg. It represents the situation as if the 20 kg would remain on the original warehouse. There is no place where to specify the additional warehouse on Correction Invoice.
For your scenario better would be the scenario of Credit Memo, because on Credit Memo you specify what quantity is returned and to which warehouse.
It seems to me that the issue with scenario is rather in the Warehouse transfer functionality than in the modification of Correction Invoice.
Best Regards,
Martin Slavik
SAP Business One Solution Manager -
Revaluation in stock transfer to Sales Order stock from unrestricted
User is trying to do a stock transfer posting from unrestricted to Sales order stock. Now the system is throwing an error saying that account setting has not been done for UMB (OBYC setting). I have given the GL for this UMB transaction type in OBYC> UMB is for posting Gain/Loss from revaluation.
I dont understand how a revauation happens when we transfer stock from unrestricted to Sales Order Stock ? What is the purpose of that in our scenario, could you please explain.Hi:
Normally it should not happen in case of stock transfer posting. Please check the movement type settings for valuation class of your material and see if the transaction type UMB has been set against valuation class in OMJJ...Account grouping.
Hope it will help you.
Regards -
Material Revaluation with negative stock
Good Afternoon,
Iu2019m working with negative stock, standard valuation method and item cost by warehouse in SAP B1 2007 SP01 PL08.
I need to update the standard cost of all items and I'm trying to do that using the Stock Revaluation Transaction but I have the error message: u201CItem XXXXX has been selected with a negative stock quantity and cannot be revaluedu201D and u201CSelected items cannot have a negative quantityu201D. There is any option to work around these messages and update the standard cost?
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Susana CunhaHi Senthil,
I don't know how could you so sure about Negative inventory management is a bug in SBO. You know, there is not much you can do once the inventory become negative. SAP allows it happen simply because some one may not or may not have a way to care about the accuracy of the inventory. The best way is setting to not allow it. The negative inventory is never logical for any applications to MANAGE them.
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Gordon -
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.
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Explain the terms of Revaluations,Goods Movements,Material Stocks.
Hi all,
I am technical consultant, need to under satnd the terms in Inventory Evaluation so please help me regarding the below things:
1. Please tell what is" Revaluations" process in Inventory & what is this effect on stock?
2. what is the Goods Movements & material Stock types ?
Please give me the above details.
Thanks,
Kiran Manyamhi,
Revaluation:
When changing your plan data, you can revaluate the values using either a percentage increase or decrease. This enables you, for example, to base your plan values for 1999 on your actual values from 1998 plus 10%.
You can execute the revaluation when changing plan data automatically, and in interactive planning
Goods movement :
Its means nothing but the moving of goods for one may be from one storage loc to another , plant to plant, etc..
Inside it you will posting for :
1. sampling
2. scrapping
3. unrestricted to Blocked
2. unres. to Quality
etc..
Stock type:
There are three stock type:
1. Unrestricted ( valuated, can be plaanedvia mrp)
2. quality stock (valuated, can be planned(check once))
3. blocked stock(valuated, not able to plan via mrp)
Apart from all three therealso GR blocked which is non-valuated type
Matrial type:
Its define the type of material whther its UNBW non-stock matrial , roh , HALB etc...depending upon this only the quantity / value is unpated....as defined in the customization..
Regards
Priyanka.P
AWARD IF HELPFULL -
FIFO Stock Revaluation in 2007A
Can you change all stock layers for a FIFO part to have the same price in a single step?
Stock Revaluation allows you to change the price for each FIFO layer individually, but is there any way to do all at once?
I am not aware of any way, but I would be grateful if anyone could confirm this one way or the other.
2007A SP00 PL45
Thanks.
DouglasHi,
There is no automatic functionality in the system for a material revaluation based on FIFO. This functionality is only available in C-Cluster versions.
If a user wants to change the values, it is possible to reverse the open layers and to post it with the new value again. A reverse transaction is, for instance, after creating an invoice to draw this document to the credit memo transaction (based on the original invoice). After adding the credit memo the complete process is balanced to zero.
This situation will be solved/corrected in the next versions. We plan to enhance/include the material revaluation functionality valid for FIFO for all localizations.
Also refer these notes:794693,917624 -
Dear Experts,
I am using the SAP B1 2007 B PL10 ,In stock revaluation screen, there is some stock having problem in revaluation , when we choose the Item for revalue for particular warehouse its total open qty from upper grid
does not match in FIFO layer with all document's open QTY.
Please help me out .hi
may i know what value is coming in the upper and lower the lower grid value could be less maybe the goods are not yet recived in the system
Regards,
Manish -
Hi Experts
I want to create Stock Revaluation Entry by SDK. It works fine in case of Average Price Items , but if items are FIFO type the it gives error message. code is given below. Please tell me cause of error.
Dim MatrialRevaluation As SAPbobsCOM.MaterialRevaluation
MatrialRevaluation = oCompany.GetBusinessObject(SAPbobsCOM.BoObjectTypes.oMaterialRevaluation)
MatrialRevaluation.Lines.ItemCode = "CR001-001"
MatrialRevaluation.Lines.RevaluationDecrementAccount = "R00071"
MatrialRevaluation.Lines.RevaluationIncrementAccount = "R00071"
MatrialRevaluation.Lines.WarehouseCode = "DEL"
MatrialRevaluation.Lines.Price = 2000
MatrialRevaluation.Lines.Quantity = 10
MatrialRevaluation.Lines.Add()
lRetCode = MatrialRevaluation.Add()
If lRetCode <> 0 Then ' If the addition failed
oCompany.GetLastError(lErrCode, sErrMsg)
MsgBox(lErrCode & " " & sErrMsg) ' Display error message
Else
cmdInvoice.Enabled = True
MsgBox("Entry successful")
End If
Ther Error message is "5002 FIFO Item is not allowed in Inventory revaluation [OMRV.DocDate ][Line 1]"
If I add manually in stock revaluation document It is added successfully. What can be reason? Plz tell me.
Regards
GorgeHi Gorge,
This is what is written in the DI help file..
MaterialRevaluation is a business object that enables you to update the items' price (average price or standard price only), revaluate the stock, and create journal entries accordingly.
This object applies only to companies that manage their stock using Continuous Stock system.
Hope it helps,
Vasu Natari. -
Dear SAP Expert,
I am working in construction industry and using project stock. We maintain one plant and WBs as like Godown and dump excess material there. I want to re-valuate present stock. Please guide me, where and how can I do this.
Thanking You,Hi!
If you want to change the price (and, therefore, the stock value) of the project stock assigned to a WBS Element you might want to try the following:
Run the transaction MR21:
Enter the Company Code and the Plant.
<Enter>
Just above the item details line you will see the field "Variant" with the default value:
MR21_LAGERMATERIAL_BWKEY_0250 - Stock Material.
Change this to:
MR21_PSP_ELEMENT_BWKEY_0250 - Special Stock - WBS Element.
Then in the item details level you should see an new field: WBS Element.
You can now enter the Material and WBS Element for which you wish to carry out the price change.
<Enter>
Enter the new price and post the document.
You should now be able to see the new values in the transaction MBBS.
I hope this helps you!
Esther. -
Restrict revaluation of existing stock after cost estimate
Hi experts,
Our users are having Finished goods in Standard price. I understand that there will be automatic posting in FI for updating existing inventory value once we release cost estimate. However, the users do not want this update.
Any chance that we can execute cost estimate, still release price to use for the new period but no inventory value update for existing inventory?
Thanks in advanced!!
Best Regards,
JacquelineHi
I think it may not possible, However, release of cost estimates for not for inv val can be done.
regards,
satya
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