The process of calculating the value of inventory 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 performed in different ways. One method is the average cost method, which involves dividing the total value of inventories by the total number of items to find the average cost per item. Another option is to use the FIFO method (First In, First Out), in which inventories are valued in the order of their acquisition or production.
Inventory valuation in SAP Business One based on sales price is also possible, where 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