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.
Stock revaluation is used by companies that operate a perpetual inventory system.

There are different methods for performing inventory revaluations in SAP Business One:

  • Revaluation of inventory based on average cost: In this case, the inventory is revalued based on the current average price of all purchases for a particular material or commodity.
  • Revaluation of inventory based on unit cost: In this case, the 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.



SAP Business One Accounting-Accounting

Accounting & bookkeeping with SAP Business One

SAP Business One enables proper bookkeeping by the accounting department and is therefore not only the answer to a legal ...
SAP Business One - faster, simpler

SAP Business One-faster, simpler, clearer!

The everyday life of a financial accountant is often characterised by searching and comparing data. With the introduction of the new cockpit of the ...
human intelligence

Input computer processing with human intelligence

Human intelligence meets efficient processes: The Versino Financial Suite and its fast entry of incoming invoices Nowadays, many companies rely on ...
Booking shipping & freight

SAP Business One - Booking of shipping & freight

In SAP Business One, there are two main ways to effectively manage shipping and freight. On the one hand, the creation ...

SAP Business One and DATEV - Synchronised

The development of the Versino Financial Suite began several years ago as an interface to the DATEV financial system. Initially, we implemented a ...
Budgets in SAP Business One

Budgets in SAP Business One

The budgets in SAP Business One make it possible to manage and monitor the expenses and income that arise from company expenditure. The aim ...
Wird geladen ?