STO Inventory Valuation
Hi Gurus,
I have doubt in inventory valuation when STO is done :
1. We create STO in ME21N.
2. We do Post goods Issue in VL02n
3. Now in ME22N for this STO system under purchase order history for mvmt type 641 system shows the inventory value posted.
4. When Goods Receipt is done at desitnation location through mvmt type 101 system doesnt show any value against this document
In this case how is the inventory value transferred from one plant to other plant within system. Is there any configuration required for this & what has to be done.
Hi
If you process STO bet.plants belong to same company code...then the material will be issued at supplying plant by 641 movement type.... and you have to do GR at receiving plant by useing movement type 101.
Since all the accountings,P&L accounts and all maintained at company code level....all the accounting documents all created at supplying Plant...ie) Stock Acc.of Supplying Plant is Credited....and Stock acc. of Receiving plant id Debited....and if you maintain Std.Price at Receiving Plant & is ther any Price diff.bet. Supplying plant and receiving Plant, then the Price diff will go to Price Diff. acc( TEK is UMB).
Reward if useful
Regards
S.Baskaran
Similar Messages
-
MM period / Year Closing Activity and inventory Valuation ??
Hallow Experts !
At the time of Period end, we close the Posting Period in Transaction Code - MMPV. So as a Result system opens Next posting period Automatically. (Please Correct if i am wrong). At a time two posting periods are open, Current and previous posting period.
So, while this period close and open activity, The Material Stock valuation is carry forwarded from closing posting period to Opening period Automatically ?
I want to understand the System logic for this inventory valuation carry forward in brief.
Also please explain in brief, Year end activities by Materials Management side for material Valuation ???????
Thanks in Advance !!Hi,
Before closing a period, you must ensure that all the transactions related to are posted( Examples: GR,IR etc ).Once you close the period in MM side, its difficult to post again in that closed period. For more read the SAP notes 487381.
You can check which period is open in MMRV( you can set here back posting allowed or not) and close the period in MMPV.
Initiation of period can be done in MMPI (1st time only) and setting of MM period can be done in OMSY.
Inventory valuation & automatic account posting depends on following T.codes and where is your material valuated (plant level or in co.code level)
1.OMSK: Valuation Class with Account category reference,
2.OMWM: Active Valuation Grouping Code,
3.OMWN: Active Movement type with G/L account,
4.OMWD: Active Valuation Area,
5.OMWB: Active Chart of account,Valuation Grouping Code,Account Grouping Code, Valuation Class and G/L acocounts
Regards,
Biju K -
Free Goods - FI & Inventory valuation Impact
Dear All,
I would like to know what will be the FI & Inventory valuation impacts in the below 2 cases
1. When free goods indicator is flagged for an item in PO.
2. When free goods indicator is not flagged, but GR-IV and Invoice receipt indicator is unchecked.
I understand what free goods are, but what i need to know is, how will the inventory be valued in both the cases & what will be the FI impact.
I hope my question is clear, await inputs.
Regards,
VivekHi,
First of all, if you activate "Free" indicator then "GR based IV" and "Invoice Receipt" indicators get deactivated automatically or when you deactivate "Invoice Receipt" indicator then "Free" indicator gets activated automatically. It's viceversa.
Now It depends upon the Price Control you have maintained in the material master.
Once you activate "Free" item indicator OR deactivate "Invoice Receipt" indicator in PO then at the time of GR if;
Price Control is "V" (MAP)
Goods Receipt happens on zero value and inturn reduces the MAP of the material which affects the material valuation. And No FI Entry will get generated.
For e.g. Current Stock of Material = 100 KG and MAP = 110 INR so Material Value = 11000 INR
After GR of 10 KG on FOC basis, Current Stock of Material = 110 KG, Material Value = 11000 INR so MAP = 100 INR
Price Control "S" (Standard Price)
After GR, there is not any effect on the Standard price of the material or material valuation.
For e.g. Current Stock of Material = 100 KG and SP = 110 INR so Material Value = 11000 INR
After GR of 10 KG on FOC basis, Current Stock of Material = 110 KG, Material Value = 11000 INR and SP = 110 INR
Here At the time of GR following A/c entry get generated;
Price Difference A/c - Dr - 1100 INR
GR/IR Clearing A/c - Cr - 1100 INR -
How to run "Transfer Invoice Variance to Inventory Valuation"
Hi friends,
Im using oracle 11i. we have purchasing, inventory, AP, GL. Pls give me navigation path of running Transfer Invoice Variance to Inventory Valuation concurrent program. i have created an invoice with some addition cost (freight) that is not included in Purchase order. i have run "Transfer payalbes to general ledger" and posted those journals. I need to run Transfer Invoice Variance to Inventory Valuation program so that item costs get re-averaged. how can i do that? pls provide me the exact path including responsibility name.
Thanks in advance.
LISANHi,
You can also refer to:
Oracle Cost Management User's Guide
http://download.oracle.com/docs/cd/B25516_18/current/acrobat/115cstug.pdf
Thanks,
Hussein -
Report with difference of prices from Inventory Valuation
Hello!
I need report with result from Inventory Valuation: Difference of prices= New price - Current Cost. Report can show last 7 documents and i should choose item code.
Can u help me?
Greetings from PolandHi,
Please check This
Select A.DocNum,A.DocDate,B.ItemCode,B.Dscription,
B.Price as NewPrice,B.RActPrice as CurrentCost,B.Price-isnull(B.RActPrice,'0') as Difference
From OMRV A INNER JOIN MRV1 B ON A.DocEntry=B.DocEntry
Where (B.ItemCode='[%3]' or '[%3]'='') Having (B.Price-isnull(B.RActPrice,'0'))='0'
Thanks,
Nithi -
GRPO not shown in Inventory Valuation report
Hi All
When I run Inventory Valuation report one of the GRPO is not shown in the report where other GRPOs are shown.
To the GRPO which is not shown Landed cost is added so in place of the GRPO landed cost document number is displayed with the same quantity and price which originallly entered in GRPO not shown. Is this normal system behaviour? Please reply
thanks
SV ReddyHi Sachin,
thanks for the reply,
But the Landed cost document value in the inventory valuation report is same as GRPO document value. When you add landed cost based on GRPO , in the valuation report it should show GRPO value + Landed cost right, but the system doesnt displya this? any other reason it could be?
thanks
SV Reddy -
Error in "Inventory Valuation Method using Moving Average"
Dear Sir,
Here I am using moving average as inventory valuation method at one of my client. I want to know that in SAP Business One, in case of F.G. valuation we can only get the valuation of Raw Material and not the direct expenses cost.
Can you please tell me how should i put the Direct Expense Cost (e.g. Labor Rate) in F.G. inventory Valuation?
Please reply ASAP.
Thanks & Regards
SSHi,
Only the raw material cost will be added to the Cost of the FG based on the Quantity and price in the BOM.
Ex:
To make Parent Item FG 1 nos , you required 2 nos of Child Item of Rs 10 each,
Create Bom for the same and refresh the cost of the FG (will find a refresh arrow in the Bottom of the BOM -Screen)
Once you Issue child parts to the respective production order and make a receipt for the Parent Item the cost of the FG will be posted as RS 20
If you want to add the labor cost to the FG there is no direct provision to add the cost in SBO, we have give a work around only as follows.
Create a Service Item ex.Labor Cost and give the Standard cost for that Item in inventory tab For example for Rs 200/Hr
Now add the Service item (Labor Cost) in the Bill of material and in the Quantity field give the Time for the labor required is if the Labor Time taken is 30 min to make 1 FG give 0.5 ie (convert the cycle time to Hours and give the decimal value)
then refresh the BOM,
Now the cost of the FG will be 20+100( labor cost) = 120
The above method can be used only if you have determined a standard time of labor to manufacture,
With regards,
G.Eshvanth Singh -
HI,
My client has the requirement like comparison of Item with different valuation method in a single report.
Is there any provision to do this.
Please suggest
Regards,
VikramDear Vikram,
Inventory Valuation Method is inteneded as a managerial report to check what-if scenarios. For instance, you can see what happens if you value an item based on a different costing method. This report is not intended to be used as report for auditing. For audititng purposes use the Inventory Audit Report.
You can use any standard method for the inventory valuation. You can also define various criteria to restrict the selection for inventory valuation.
Goto Inventory->Inventory Report->Inventory Valuation Report.
You will have to export to excel and consolidate the results.
Please note It can be run for other costing methods than actually selected for an item. For the selected method of valuation for an item, please run Inventory Audit Report. Exporting will work for you.
Regards
Preety Goel
SAP Business One Forums Team -
Material document line item - inventory valuation affected ?
Hello
In the framework of building a stock report, I'm trying to know if a material document line item has affected inventory valuation that is to say if a corresponding accounting document line item has been posted.
Explored solutions :
- there is no link between MSEG and BSEG
- I tried to look at Quantity string (BUSTM) in MSEG and looked at Quantity strings parameters in T156M but couldn't find a parameter of the value string mentionning if it affects inventory valuation or not
Thanks a lot in advance for your inputs
RegardsHi,
MKPF is for material document header table MSEG is for material document item table
Creation date will be at the header table, use document number to link both the tables.
Regards
Merwyn -
FIFO Inventory valuation without Balance Sheet Valuation
Our business wants to know if they can have real-time FIFO inventory valuation;
At a give point, When we perform and update the material prices through the Balance sheet Valuation - FIFO procedure; system automatically revaluates the inventory at FIFO with offsetting to an expense account.
However, the requirement is to have FIFO real time without performing any month end tasks/ postings to calculate and update the material prices.
Given that the existing material price controls (S and V); Is the above possible ?
With Material Ledger; some of the standard functionalities can be leveraged i,e to have one valuation for std/ actual and the other to have FIFO valuation but the business thinks this is too much of an effort to maintain this functionality. Since, even for this option - the business has to run month end jobs.
Thanks !Hi
Real time FIFO valuatopn is some thing which would require ML...
however, there are companies who valuated the inventory based on FIFO at period end w/o any use of ML...
I am not very sure as I have never used it - But using MRN9 you can have a comparison of inventory values as per the 2 principles and if you tick "Update Database", it would post to the books....
Please await further replies from the forum members on this...
br,Ajay M -
Batch wise inventory valuation
Hi,
what is batchwise inventory valuation?.how to design it in sap?
Please suggest....
Edited by: Venkatesh DY on Nov 25, 2011 7:37 AMHi Venkatesh,
May be the below links helps you
Batch Wise Item Cost
Automatic Split Valuated Batch Material
http://www.sap-img.com/mm025.htm
Dasaradha -
Customer Returns - Inventory Valuation
Hi Folks,
I have a business requirement where the inbound delivery should be received at the original material price instead of the current MAP. As of now the system is receiving the item back at the current MAP price. For example:
Goods Issue:
Price = $10, Qty = 5
CR Inventory 50 DR COGS 50
Billing:
CR Customer 50 DR Revenue 50
The MAP changes from $10 to $15 and then the customer returns the goods. The system is currently doing the following:
Credit Memo (Cancel Billing)
DR Customer 50 CR Revenue 50
Goods Return (receive back in inventory)
DR Inventory 75 (New MAP) CR COGS 75
Is there any way to match the return document to the original PGI? This doesnt look like an unusual requirement but our SD consultant says there is no way to do this. is there any way around this?
ThanksHi,
First of all what is the MAP here.
Let me suggest a few points here:
1) Inventory Valuation hitting COGS depends on VPRS(Cost) maintained in the material master and not the price. It depends, whether the price is maintained as Stadard or Moving average which might affect your calculations.
2) While creating Credit memo request and Credit memo with reference to the original Billing document, to maintain the price constant and not redetermined pricing type has to be maintained as D (Copy pricing elements unchanged). By doing this system will copy the same price to the credit memo at which the material was sold.
Hope this helps.
Regards,
Amit
Edited by: Amit Iyer on Jun 8, 2011 11:53 AM -
Inventory Valuation Difference for Finished Goods
Dear Experts,
I have a following query below when the FG Inventory valuation differences are posted
Finished goods price control is set as u201CSu201D
Eg: In Jan 2010 stock value 1000 ( 100*10)
Feb 2010 , opening stk of 1000 ( 100 units * 10 per piece)
In Feb 2010 , FG price has changed to 12 per piece ( Standard cost estimate executed)
System has posted the price difference entry
Debit FG stock 200/-
Credit Inv Price Diff 200/-
Now the query is, stocks pertaining to Jan 2010 are lying in Feb 2010,
When Inventory valuation is done, my profit is overstated in Feb 2010 for Jan 2010 stocks by 200/-
Is there any way to handle in SAP that it would post the price diff in Jan 2010, instead of Feb2010.
Advance thanks
SanjaiDear Ajay,
I will release std cost est in Jan and also in Feb.
But since the Jan stock is carried to Feb, during the month end when I value the FG , price difference for Jan stock is posted in Feb .
Currently the client wants to value the stock on actual basis, what is the best option to overcome. we are in BBP stage
Eg Jan stock value is 2000 ( 200*10)
Feb Stock Value of goods produced in Feb is (100*12) 1200
Feb end stock as per the client it should be 2000+1200 = 3200
Note - But as per standard costing my price will be 3600 ( 300*12
Thanks
Sanjai -
Inventory Valuation by FIFO method.
Hi All,
We need to know if it is possible to get any report where in we can know what would the inventory valuation be if inventory is to be valued by FIFO method. Currently the valuation method is moving average. We need this for year end purpose only. We do not want to post any entries or change the existing valuation of the inventory for any of the items. We only need a simulation report for Inventory valuation by FIFO method. Is there any way we can get such a report??
Thanks,
Pritesh.Hi,
Thanks for the quick reply. I have configured FIFO valuation method and tried on the test server. I have the following 2 questions in it:
1) When executing MRF1, there is an error while creating the Batch Input session.
bdc_close_group, session not opened
message no. 00330
2) If the session does get created, as per my understanding if the session is processed, system executes the Tcode MR22 in background and postings take place as
Inventory account - DR
Revaluation account - CR.
My doubt is that, will this change the existing valuation of the Inventory ? We do not want to change the existing valuation.
Thanks,
Pritesh. -
Push the customer to have inventory valuation checkup is not polite
Hi SAP AG,
Currently I did not understand what a person that have position as "Channels Enablement and Solutions Expert" and also a support organization named SAP support.
One of newest case I have received is an inventory valuation report reminder. SAP support confirm to a person named "Channels Enablement and Solutions Expert" and He/ She said that SAP support wonders why there is no response from all of customers.
Okay. let me tell ya now about the customer's disappointing statements as follows:
1. Resolution time is more than 2 weeks
2. On the scheduled time, they must upload their live db and must shut down their SBO operation time while the fixing of the productive live db is taking place. The schedule time is only in business hours of SAP Support and not their business hour
3. They have to download their live db after fixing finished
4. They must "give" their db and they will realize soon that the secret in the db will be exposed to other company where they are sure that the company's secret will be opened
What I dislike, it seems the SAP push the customer to have the inventory valuation checkup either through Channels Enablement and Solutions Expert persons or another. Let them decide and you should not have to know their refusal or opinion
RajhThis forum's rule and engagement has pushed me to mark this thread.
Rajh
Maybe you are looking for
-
Hello All! I am so excited about my new computer and I didn't know that my external hard drive had so many pictures duplicated on it. So I downloaded the entire hard drive. I thought iPhoto was going to be my answer, and now after reading a lot of di
-
How to join GRPO with AP invoice thru query ?
hi all, How to join GRPO with AP invoice in sql query ? Jeyakanthan
-
How to display application server date and time?
Hi Friends, I am getting error when i am trying to display default date,time and client. I have designed a screen where DATE, TIME and CLIENT are 3 fields in the screen this 3 fields i have to display defaultly date,time and client of
-
Open Last X files edited in SQL Developer
I'm looking for the option to reopen the last X files that have been edited in SQL Developer so that I don't have to search for them every time. Can it be that the SQL Developer is missing such a basic functionality? I'm using v. 1.5.0.53 Build MAIN-
-
Smtp_out very slow external domains
I have ocs 10.1.2 on Red Hat Enterprise Linux ES release 4 (Nahant Update 2) When I send mail to external domain smtp_out is very slow to close session When I send 2 mails to the same outside user, the second mail is very to be delivered because smtp