Release 4.0A contains the following new functions for balance
1. The term
Method describes the method used to
determine the sequence of consumption. A method can be given
certain attributes in Customizing. The following attributes are
a) Valuation can be based on
single receipts as an alternative to
aggregated data for a month (LIFO and FIFO). The records for the
single receipts can currently only be generated from a document
b) Inventory can be valuated using
the LIFO method based on monthly layers
as an alternative to annual layers.
2. You can create a number of
attributes for the layer versions in
Customizing. You can, for example, create a link between the layer
version and the method. Layers from one version can be copied to
another version using a new program. This allows you, for example,
to create valuation data during the fiscal year without any
problem. Customizing the layer versions is optional.
3. You can define
different valuation levels and valuation
areas for LIFO and FIFO valuation.
4. You can create a long text and
additional attributes for LIFO pools. An extended analysis of the
pools can be carried out using these attributes. If required, you
can change the composition of the pools. A new method has been
developed for this ('
5. The results of LIFO valuation can
now also be updated in the material master. This enables
integrated analysis of balance sheet
valuation. The results of the LIFO pools are still unable to be
updated in the material master.
6. As far as FIFO valuation is
concerned, the receipt data can be compiled from the document
extract as per the stock situation for every material.
7. Older layers can be aggregated
using a new program.
8. All updates can also be made
online, for example for test purposes.
9. You can transfer data from
third-party system as READ DATASET or WORKSTATION UPLOAD.