Skip to Content

FIFO Valuation

Hi,

We cost all our Materials at Standard - both Raw Material and Finished Goods (the indicator is "S" in the Material Master. We have a requirment to get the FIFO Valuation of the Material as well.

The FIFO Valuation is required only for reporting purpose and we will not be using it for anyother purpose.

I have done the required configuration for FIFO and now when I am checking the FIFO valuation - SAP is Valuating the Goods Receipt at PO Price (which is correct) but the Goods Issue is Valuated at Standard Cost - which is not right.

We are not using Material Ledger.

Any ideas on this.

Ankur

Add a comment
10|10000 characters needed characters exceeded

Related questions

1 Answer

  • author's profile photo Former Member
    Former Member
    Posted on Jul 06, 2010 at 12:42 PM
    Add a comment
    10|10000 characters needed characters exceeded

Before answering

You should only submit an answer when you are proposing a solution to the poster's problem. If you want the poster to clarify the question or provide more information, please leave a comment instead, requesting additional details. When answering, please include specifics, such as step-by-step instructions, context for the solution, and links to useful resources. Also, please make sure that you answer complies with our Rules of Engagement.
You must be Logged in to submit an answer.

Up to 10 attachments (including images) can be used with a maximum of 1.0 MB each and 10.5 MB total.