abas ERP

Material Valuation
Material valuation assesses quantitative movements within the materials management cycle, recording these movements as financial entries whenever stock levels fluctuate. A preview of entries can be generated without affecting the financial accounting. The establishment of an unfinished products inventory is also possible, as well as the valuation of manufacturing costs. If valuation prices are not available when a quantity is entered, then a revaluation is implemented through the material valuation once the price becomes available. Material costs determined by material valuation are then transferred to cost accounting.
Material Valuation Function Overview 
  • Valuation according to mixed price
  • Warehouse group mixed price
  • Planned price
  • Invoice price
  • Zero valuation
  • Cost of goods manufactured
  • Cost entry suggestion for changing raw/auxiliary material inventory levels, as well as for operating supply items

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