term method withdrawal lifo what is
Meaning of LIFO withdrawal method. What is it: the most recent goods to be acquired are used or.

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Definition LIFO withdrawal method

LIFO WITHDRAWAL METHOD title: LIFO withdrawal method (MM) (SAP Library - Glossary)
LIFO WITHDRAWAL METHOD category: Materials Management (MM)
LIFO WITHDRAWAL METHOD explained:

A method of issuing or withdrawing goods from stock whereby the most recent goods to be acquired are used or sold first (last in, first out, or LIFO). The closing stock determined by the physical inventory thus always comprises the opening stock and the earliest acquisitions and is to be valuated with the prices thereof.

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Manual Lower Threshold Normal Range:
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