Hi,
Question:
i)Do I execute CKMLCP at month end and also include the raw material with FIFO or I don't include that material in CKMLCP
ii)Or I execute Raw material with FIFO using CKMLCPAVR
iii) If I use point (ii) how will price difference will roll up in CKMLCP from Raw Material with FIFO
iv) There also Balance Sheet Valuation Procedure which use to calculate FIFO Prices. How does this work with Material Ledger closing.
Thanks.