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Former Member
Apr 22, 2009 at 11:10 AM

Regarding FIFO Procedure

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Hi SAP Experts,

I did all the configuration regarding fifo as follows

1) OMWE - Activate balance sheet valuation.Here i activate fifo valuation active.

2) OMWL -mean receipt price at company code level

3) Configure Fifo valuation area company code level for this year

4) omwz at company code level

5) FIFO Method -Single receipt ,valuation level.

6) OMW4 -FIFO Movement types(no changes)

7) MRF4 & MRF1

Suppose I purchase 5 qty of 10 Rs so valuation will be 50 rs

Again I purchase 5 qty of 12 rs so valuation will be 60 rs

so total valuation of stock will be 110 Rs

Suppose I want to issue 3 qty so according to fifo 3 qty x10 rs =30 valuation

so total valuation stock will ne 110-30 =80 Rs

but here the system calculating the 77 Rs .System will take a average price of 10+12/2=11 rs.

why this happens.Is there any another setting .???why system will not calculate the valuation according to FIFO.

Dear experts Please guide me.

regards,

Nitin Nerkar