25 apr

Inventory Revaluation (SAP Business One)

A method in SAP Business One for recalculating the average or Standard price of items valued using the moving average method or standard price method.


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Inventory revaluation is used by companies that operate a system of continuous inventory management.

There are various methods for carrying out stock revaluations in SAP Business One:

  • Revaluation of stock on the basis of average costs: In this case, inventory is revalued based on the current average price of all purchases for a particular material or commodity.
  • Revaluation of stock on the basis of unit costs: In this case, inventory is revalued based on the last purchase price for each specific good or service.
  • FIFO inventory revaluation (First In, First Out)In this procedure, the oldest purchases are sold first and the stock is revalued according to these sales.

 


 

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