Valuation Method

The fixed transfer price equals the item cost price, including any surcharges or discounts. Item cost prices are calculated in the Calculate Cost and Valuation Prices (ticpr2210m000) session.

During receipt, goods are valued against the receipt price. For further information, see Moving Average Unit Cost (MAUC).

If Inventory Valuation Method is set to Moving Average Unit Cost (MAUC), LN allows you to select the Valuation by Warehouse Valuation Group check box in the Warehouse - Item (whwmd2510m000) session; and the inventory valuation is based on the MAUC by Warehouse Valuation Group valuation method.

When issued, goods are valued against the oldest inventory value. During receipt, the inventory value and the receipt quantity is stored in the Inventory Receipt Transactions (whina1512m000) session .The value of these receipts will be consumed during each issue in FIFO order.

When issued, goods are valued against the most recent inventory value. During receipt, the inventory value and the receipt quantity is stored in the Inventory Receipt Transactions (whina1512m000) session. The value of these receipts will be consumed during each issue in LIFO order.

The inventory is valued against the lot price defined for the specific item during receipt or issue. The lot price is filled with the purchase order price. For manufactured lot items, the lot price is filled with the FTP value. For more information, refer to Lot pricing.

The inventory is valued against the lot price defined for the specific item during receipt or issue. The serial price is filled with the purchase order price. For manufactured serialized items, the serial price is filled with the FTP value.