3377631 - LIFO Valuation in S/4HANA Cloud

When dealing with Inventory Balance Sheet context, you would like to use LIFO as valuation procedure.

SAP S/4HANA Cloud

LIFO Valuation is not supported in the current version of S/4HANA Cloud. This is due to the fact that LIFO is not part of standard, as it is not supported by International Accounting Standards. The valuation procedures available are:

• FIFO - First In, First Out

  Assumes that the first items received into inventory are the first to be consumed. The inventory value is therefore based on the value of the last items received.

• Lowest Value Determination

  Inventories are valued as conservatively as possible, for example at the lower of acquisition cost or market value.

If there is a need for this business requirement, you can raise a feature request in the Customer Influence Portal.

Please take a look at the User Guide Documentation for a detailed description of SAP Customer Influence.

2963059 - How to Submit Feature Requests for SAP S/4HANA Cloud Product

Valuation Procedures

KBA , MM-IM-VP-2CL , Balance Sheet Valuation Procedures (Public Cloud) , MM-IM-VP , Balance Sheet Valuation Procedures , Bug Filed

SAP S/4HANA Cloud Public Edition all versions ; SAP S/4HANA Cloud all versions