LIFO VALUATION PROCEDURE (FIN-BAC-INV) title: LIFO valuation procedure (FIN-BAC-INV) (SAP Library - Glossary)
LIFO VALUATION PROCEDURE (FIN-BAC-INV) category: Inventory Accounting (FIN-BAC-INV)
LIFO VALUATION PROCEDURE (FIN-BAC-INV) explained:
Method of valuating similar inventory assets which assumes that the most recently acquired assets are disposed of first.
Acquisition of new inventory does not affect the value of older inventory. When prices are rising, the LIFO method avoids overvaluation of older inventory and the creation of inventory profits.
There are two types of LIFO valuation:
Quantity-based Value-basedMore terms such as LIFO valuation procedure (FIN-BAC-INV) in Dictionary L.
- Manual Logger Class:
- Help format of logging information in the Enterprise Portal. For example, the logger class SimpleFileLogger writes logging information in text format to a file. One or more logger classes are assigned to lifo valuation procedure (fin-bac-inv) definition.
- Manual Land Lease Right:
- Help heritable right to own a structure on or below the surface of real estate belonging to another. This right differentiates between the owner of the real estate estate and the owner of the building lifo valuation procedure (fin-bac-inv) explain.
- Manual Lower-Level Service:
- Help An application that in relation to a logically corresponding application occupies a lower-level in the hierarchy lifo valuation procedure (fin-bac-inv) what is.
- Manual LEQ Factor:
- Help Loss equivalent factor Classifies the particular part of a free externally committed credit line that is expected to be utilized at the time the business partner defaults lifo valuation procedure (fin-bac-inv) meaning.
- Manual List Driver:
- Help Printer driver in the SAP R/3 kernel that controls ABAP list output. There are list drivers for PCL5, PostScript Level 2 and PRESCRIBE II lifo valuation procedure (fin-bac-inv) abbreviation.
