Quantity of an item in a warehouse with a specific cost value, based on the FIFO-method ("first in, first out").
A FIFO layer is the quantity of an item in a warehouse with a certain cost or value.
- Each stock receipt transaction creates a layer with the associated quantity and the Costs.
- In the event of a stock issue, the quantity is taken from the first available, open layer.
- The FIFO process (First In, First Out) assumes that items that are stored first are also removed first.
- SAP Business One memorises the price of each purchase and valuates items according to the FIFO layers.
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