From the course: SAP Business One: Production and Logistics

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Inventory valuation

Inventory valuation - SAP ERP Tutorial

From the course: SAP Business One: Production and Logistics

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Inventory valuation

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- [Narrator] Inventory is most often the largest asset of a company. In some productions, a sales-oriented philosophy, finished good inventory is a liability of unsold production. Knowing the value of your inventory is a large part of figuring the profitability of a company. SAP Business One has several ways of figuring inventory, so let's go over to the item master and take a look at this. I'm going to click on this item master here and let's just go to Window, Close All But This, and I'm going to add a new one, so I'll just go here to add, and we get a new one. I'm going to start a new item master called LMT2 and that's going to be the Pizza Tablet set. And once I've set that up, I'm going to go straight here to the inventory data, which I already have, and I'll scroll down here so I can see it better. And you'll see in the middle here, we have something called the Valuation Method. SAP Business One inventory can use…

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