Hierarchy

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IMG Activity
ID | SIMG_CFMENUOLMWOMWR | Define Layer Versions |
Transaction Code | S_ALR_87001927 | IMG Activity: SIMG_CFMENUOLMWOMWR |
Created on | 19981222 | |
Customizing Attributes | SIMG_CFMENUOLMWOMWR | Define Versions |
Customizing Activity | SIMG_CFMENUOLMWOMWR | Define Versions |
Document
Document Class | SIMG | Hypertext: Object Class - Class to which a document belongs. |
Document Name | SIMG_CFMENUOLMWOMWR |
In this step, you define layer versions for LIFO valuation.
Example
LIFO valuation is run at the end of the fiscal year. You also determine the LIFO results at the end of each quarter for your internal reporting. You can define the following versions:
Layer version Description Method
P Year-end valuation LIF001
1 LIFO results 1st quarter LIF002
2 LIFO results 2nd quarter LIF002
3 LIFO results 3rd quarter LIF002
At the end of each quarter you run the LIFO valuation report using the relevant layer version. Assigning the same LIFO method to the layer versions ensures that inventory is always valuated using the same parameters. At the end of the year, you perform valuation using a "productive" layer version, which may refer to a different LIFO method.
Requirements
Standard settings
Recommendation
Activities
Further notes
Business Attributes
ASAP Roadmap ID | 204 | Establish Functions and Processes |
Mandatory / Optional | 2 | Optional activity |
Critical / Non-Critical | 2 | Non-critical |
Country-Dependency | A | Valid for all countries |
Assigned Application Components
Documentation Object Class | Documentation Object Name | Current line number | Application Component | Application Component Name |
---|---|---|---|---|
SIMG | SIMG_CFMENUOLMWOMWR | 0 | HLA0009514 | Balance Sheet Valuation Procedures |
Maintenance Objects
Maintenance object type | C | Customizing Object |
Assigned objects | ||||||
---|---|---|---|---|---|---|
Customizing Object | Object Type | Transaction Code | Sub-object | Do not Summarize | Skip Subset Dialog Box | Description for multiple selections |
V_MY05 | V - View | OMWR | 0000000000 | Generated Table Maintenance: V_MY05 |
History
Last changed by/on | SAP | 20000202 |
SAP Release Created in |