Inventory Valuation for Year-End Closing (BEJ)

Inventory Valuation for Year-End Closing (BEJ)

This scope item provides users with an example of a process description that they can use as a template for their own valuation processes. Inventory valuation is performed in accordance with local legislation (such as the German Commercial Code), including settings for the overhead structure, valuation variant, and stock valuation with devaluation based on movement rate.

Key Process Steps Covered

  • Perform stock valuation for raw materials and trading goods
  • Determine lowest value for raw materials and trading goods based on market prices
  • Determine lowest value for raw materials and trading goods based on range of coverage
  • Determine lowest value for raw materials and trading goods based on movement rates
  • Perform FIFO valuation
  • Analyze stock valuation for materials using price comparison for each material stock account, material type, or material
  • Adjust stock value by posting manually to the relevant stock adjustment account

Benefits

  • Determine stock valuation for raw materials and trading goods based on the lowest value principle
  • Determine inventory valuation for semi-finished and finished products based on local requirements for valuation
  • Adjust stock value

Where is Inventory Valuation for Year-End Closing(BEJ) being used?

This Scope item is used in the following way:

  • As a support function of Accounting and Financial Close within Finance Scope Item Group

Process flow of Inventory Valuation for Year-End Closing (BEJ)

Find below the process flow of the scope item Inventory Valuation for Year-End Closing as it is defined for release s4h-2021.


Download Process Flow of Best Practice scenario Inventory Valuation for Year-End Closing (BEJ) - S/4HANA OP
Ref: Finance of SAP S4H-2021
Best Practices related to S/4HANA*1) Yearly Updates are released per September of each year
*2) The Quarterly updates are released per Februari, May, August and November
Details of future releases can be found in the SAP Roadmap section of each product. Go to SAP Roadmap Product Finder.
Knowledge Center Scheer Nederland | The Process Experts Visit also the SAP Cloud ERP knowledge center of Scheer Netherlands. The following topics are covered:
Place comment