FIFO VALUATION PROCEDURE title: FIFO valuation procedure (MM-IV) (SAP Library - Glossary)
FIFO VALUATION PROCEDURE category: Invoice Verification (MM-IV)
FIFO VALUATION PROCEDURE explained:
Abbreviation for "first in, first out".
An approach that allows the realistic valuation of stocks (inventories) of materials or products. The FIFO valuation procedure is based on the assumption that the materials or products that are acquired first are also those that are used or consumed first. The calculation of the value of stocks is thus based on the most recent acquisitions.
More terms such as FIFO valuation procedure in Dictionary F.
- Manual Firmly Book (PE):
- Help status of a business event from planned to active and to establish the definitive attendee list. Note: You can create an event in planned or active status. The event must be in active status before fifo valuation procedure definition.
- Manual First Teach:
- Help customer course is held. The First Teach uses draft course material that can be modified following feedback from the course event. All newly developed courses undergo this development step, as do fifo valuation procedure explain.
- Manual Fulfillment Control Object:
- Help Controls and monitors the execution of a logistic request. Fulfillment coordination creates a new fulfillment control object for each schedule line (or item) of a logistic request fifo valuation procedure what is.
- Manual Fast Entry Of Characteristics:
- Help Function for creating characteristic values and item data in a screen fifo valuation procedure meaning.
- Manual Flow (FS-BA-RD):
- Help The transport of a monetary amount from a sender to a receiver. Flows are triggered by business transactions fifo valuation procedure abbreviation.
