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Former Member
Mar 19, 2009 at 07:44 AM

FIFO

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hi friends, thanks u all for ur replies regarding FIFO Valuations..

i am taking example of one reply... with which i am facing problems, which i will mention below..

1. In T-code OMWE, activate the balance sheet valuation as LIFO Valuation not active & FIFO Valuation active.

2. In T-code MRLH, FIFO Maintained at company code or plant level.

3. In T-code OMWL, set mean receipt price at valuation ares level if Plant or at company code level if at company code level.

4. Configure FIFO Valuation ares for teh respective year.

5. In T-code OMWP, Configure FIFO Method.

6. In T-code OMW4, Movemnet type settings for FIFO maintained. Generally, no chnages made.

7. Select material for FIFO in Tcode MRF4.

8. Execute FIFO Valuation- Tcode MRF1.

1. in t-code OMWE if lifo is deactive and fifo is active then in MRF1 i am getting an error "Balance sheet valuation not active (Customizing transaction OMWE)".. if both r active it is working..

but it is valuating with Moving average price,

for example, if i have got a stock of 100 with net price 10 and stock value 1000, and if i purchase that material of quantity of 100 with new price 12 then stock will be 200 and mvp will be 2200/200 = 11, if 500 material is issued then sytem should take issue value with net price 12 and do the valuation with FIFO..

please guide..