The process of calculating the value of stock in SAP Business One. This includes raw materials, unfinished products, finished goods and goods intended for resale. Inventory valuation is typically performed by a company at the end of a financial period.
In SAP Business One, inventory valuation can be carried out in various ways. One method is the average cost method, where the total value of inventory is divided by the total number of items to determine the average cost per item. Another option is to use the FIFO method (First In, First Out)The inventory method is used to value inventories in the order in which they are acquired or produced.
Inventory valuation in SAP Business One based on the sales price is also possible, whereby the total value of the inventory is divided by the total number of items, resulting in the sales price per item. This procedure is known as the sales price procedure.
In order to carry out an inventory valuation in SAP Business One, it is necessary to determine the current stock levels beforehand. This includes the number, quantity and purchase price of the items. You can then select the desired valuation method and carry out the calculations
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