cancel
Showing results for 
Search instead for 
Did you mean: 

Price control s and fifo valuation

former_member324349
Participant
0 Kudos

Dear All,

we have material type ROH & VERP, though the price control is at standard ‘S’ .we also purchase these materials along with producing here in plant and the Materials code is same. For such purchased materials, we need to calculate the FIFO though price control in at standard.

FIfo valuation is coming wrong for these materials..we are thinking to correct these materials fifo valuation by split valuation.but for split valuation also we need to maitain price control 'v' first then we can extend it to price control 's' by valuation type.

there is also stock avaliable in the existing materials which is also a constraint for split valuation.

please help me how can i correct fifo valuation for these existing materials which has price control 's'.

Shall i raise oss for the issue?

regards,

nishith

Accepted Solutions (0)

Answers (2)

Answers (2)

Former Member
0 Kudos

Hi,

As per my understanding, FIFO/LIFO valuation is not possible for price control "s"-standard as for any transaction a/c doc. will get generate as per std value which is fixed.

The inventory value always will be calulated as per std value.

Regds,

Nilesh

JL23
Active Contributor
0 Kudos

I cannot tell you anything about your FIFO issue, but I can point you to a SAP note where SAP says something very clear about changing valuation control to split valuation. See Question 3 in Note 518485 - FAQ: Valuation of goods movements

and another 308 discussions in SCN. Hence please do not ask for the details again as this would result in locking this discussion.