Inventory Valuation for Year End Closing

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Post on 06-Nov-2015

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Inventory valuation

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<p>INVENTORY VALUATION FOR YEAR END CLOSING</p> <p>This scope item provides end users with an example process description that they can use as a template for their own valuation processes.Inventory valuation is carried out in accordance with local legislation, including settings for the overhead structure, valuation variant, and stock valuation with devaluation on the basis of movement rate.Process FlowThis scope item consists of the following steps: Stock valuation, using lowest value principle for raw materials, packaging materials and trading goods Additional devaluations by movement rate Inventory costing for finished and semifinished products, in accordance with the lowest possible value principle Stock value reporting in the form of a comparison analysis Manual stock value adjustment posting in the financial accounting componentKey Points Stock valuation for raw materials, packaging materials and trading goods based on the lowest possible value Inventory valuation for semi-finished and finished materials on base of local requirements for valuation approaches Stock value adjustment</p>

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