term price inventory physical what is
Meaning of physical inventory price. What is it: updated in the material master record, in balance.

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Definition physical inventory price

PHYSICAL INVENTORY PRICE title: physical inventory price (MM-IM) (SAP Library - Glossary)
PHYSICAL INVENTORY PRICE category: Inventory Management (MM-IM)
PHYSICAL INVENTORY PRICE explained:

The tax-based and commercial law-based prices can be updated in the material master record, in balance sheet valuation of material stocks,

You can save different partial results from balance sheet valuation using the so-called physical inventory prices.

You can use these partial results for various procedures in balance sheet valuation. The system lists the individual results, links them to each other and determines the balance between book value and balance sheet value. The list acts as a reference for the accountant, to the postings which are performed manually in financial accounting. It is also the document the external auditor refers to.

The physical inventory prices are updated by the following procedures in the SAP System:

Lowest value determination based on market prices Lowest value determination based on range of coverage Lowest value determination based on movement rate Loss-free valuation Inventory costing LIFO valuation for individual materials LIFO valuation for pools FIFO valuation

More terms such as physical inventory price in Dictionary P.

Manual Period Factoring Method:
Help calculate the partial period factor. In business administration, you differentiate between the following methods: Deduction method Payment method All-or-nothing method The PWS (personal work schedule physical inventory price definition.
Manual Payment Item Category:
Help A form of payment item. The following are the different types of payment item category: Ordering party item Recipient item Clearing item Posting item physical inventory price explain.
Manual Periodic Payment:
Help Funding setup where predetermined amounts are sent at intervals to the grantee without regard to actual, eligible expenditures made. Compare: lump sum funding, reimbursement funding physical inventory price what is.
Manual Process Path:
Help used in modeling R/3 business processes. Process paths are icons representing logical connections between processes within a business application or across applications. Use the process path to physical inventory price meaning.
Manual Primary Folder:
Help Folder in which a document is located (as opposed to folders in which a document merely appears as a link). Each document has just one primary folder physical inventory price abbreviation.
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