Goals

• This course enables an understanding of material valuation, the price control procedure, the updates made to valuation data by individual transactions in Materials Management, split valuation, the material ledger and the balance sheet valuation procedure.

Audience

• Project team members
• Employees in Materials Management and those responsible for reporting on Material Valuation
• Employees in Financial Accounting
• SAP Consultants for Logistics

Content

• Introduction
• Pre Assessment
• Introduction to Material Valuation
• Valuation-Relevant Transactions in Materials Management
• Split Valuation
• Material Price Changes
• Material Ledger
• Valuation According to the Lowest Value Principle
• LIFO and FIFO Valuation
• Inventory Costing
• Post Assessment

Notes

• Course length: 4 hours

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