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Shifting to FIFO inventory valuation

May 02 at 11:13 AM

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Former Member

hi

Our organisation has been using moving average price for goods issue since the beginning. is it possible to shift to fifo valuation? what will be the implications of shifting to fifo valuation?

Also we are not using batch management currently

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1 Answer

Jürgen L May 02 at 12:15 PM
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You only have the choice between standard price and moving average price valuation in materials management (and probably even less to warehouse management as WM does not hold any values)

FIFO is a balance sheet valuation and FI related rather than to MM, see this blog https://blogs.sap.com/2015/11/23/sap-inventory-valuation-through-fifo/

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