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