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Former Member
Feb 22, 2010 at 05:37 AM

Inventory Revaluation : as per Accounting Standard 2 on Inventories

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Dear Experts,

As per the Accounting Standard 2 on inventories, inventories are valued at cost or realizable value whichever is lesser.

Does SAP provide for such eventuality of valuation or realizable value in case the same is lower than Cost.