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stock valuation

former_member198892
Participant
0 Kudos
66

We have done following setting for Stock Valuation.

1)In transection code OMWE we have done LIFO valuation not active and FIFO

valuation active.

2)In 2nd step TCODE MRLH we are getting "LIFI Valuation is not defined"

Please guide us what could be the reason.

Note:

Before that we need to set the FIFO/LIFO valuation for Valuation area like CCode/Plant.

Please sugest me

Rgs,

Priya

Accepted Solutions (0)

Answers (2)

Answers (2)

kunal_ingale
Active Contributor
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hope u have given all parameters in

MRLH

now as u have not activaed LIFo

in MRLH remove the tick of set LIFo at co code level and then try

regards

KI

former_member198892
Participant
0 Kudos

Hi,

Still i am getting the same error please guide me..

1) OMWE (Avtivate balance sheet valuation) any settings have to do?

2) If I do Lifo Valuation not active as tick(For FIFO based Valuation)..Then

3) MRLH (LIFO/FIFO VALUATION LEVEL)i am getting the error of function is

not possible..that i was attached for ur ref..

Please provide me the answer..

Note:

Stock valuation would be based on balance sheet level?. I am thinksing it is in

inventory management level only, have to do FIFO/LIFO settings? Please

provide me the answer.

Former Member
0 Kudos

Hi,

At first place activate the indicator LIFO/FIFO in accounting 2 view of material master.

Then proceed with transaction MRF3 to carry FIFO valuation.

Eg. you received 500 nos for 1000 rs and issued 100

Therefore FIFO valuation would be for 400nos i.e (400 ) / ( 500 /1000) = 800 Rs