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Former Member
May 06, 2010 at 04:41 AM

Balance Sheet Valuation Procedures

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Dear Experts,

In IMG Setting for :-

Balance Sheet Valuation Procedures -> Configure LIFO/FIFO Method -> General Informaiton -> Activate LIFO/FIFO Valuation (Tcode: OMW4) "LIFO Valuation Active" and "FIFO Valuation Active" button are SELECTED, what does this mean? Balance sheet valuation is based on which valuation? Please advise.

Thank you.