ELIMINATION OF IC PROFIT/LOSS IN INVENTORY (FI-LC) title: elimination of IC profit/loss in inventory (FI-LC) (SAP Library - Glossary)
ELIMINATION OF IC PROFIT/LOSS IN INVENTORY (FI-LC) category: Consolidation (FI-LC)
ELIMINATION OF IC PROFIT/LOSS IN INVENTORY (FI-LC) explained:
An object in inventory that requires that the inventory-managing consolidation unit reports which internal trading partner supplied which inventory items.
The IC profit or loss is the difference between the book value on the individual financial statement and the production cost.
A positive difference represents intercompany profit, which is eliminated by making an adjustment down to the lower value, in accordance with the group's point of view.
A negative difference represents an intercompany loss, which is eliminated by making an adjustment up to the (higher) production cost.
More terms such as elimination of IC profit/loss in inventory (FI-LC) in Dictionary E.
- Manual Employee Recurring Payments/Deductions:
- Help recurring employee payments or deductions that are not included in every payroll period, but are paid or withheld by payroll according to a fixed periodicity. The recurring payments or deductions for elimination of ic profit/loss in inventory (fi-lc) definition.
- Manual Eligibility Check:
- Help of the document items of a social application or a social service plan, when these are created, or changed when data is updated. The eligibilty check can be based on customer-specific BRF rules or elimination of ic profit/loss in inventory (fi-lc) explain.
- Manual External Trading Partner:
- Help An external trading partner is a company that is not controlled by any company within the group but has relations with companies of the group elimination of ic profit/loss in inventory (fi-lc) what is.
- Manual Excess Demand:
- Help Positive difference of the demand actually used and the demand agreed upon in the contract elimination of ic profit/loss in inventory (fi-lc) meaning.
- Manual Empty Pallet Zone:
- Help A zone where empty pallets are stored for pick and pack activities elimination of ic profit/loss in inventory (fi-lc) abbreviation.
