What is 'revaluation at retail' in SAP IS-R - SAP for Retail?

revaluation at retail - Overview

• Component: IS-R

• Component Name: SAP for Retail

• Description: Retail Change in the stock value of a material at retail. A material may have to be revaluated at retail for the following reasons: The retail price is re-calculated because the cost price has changed The retail price is changed for a promotion A store makes a local price change

revaluation at retail - Details

• 
  Key Concepts: 
  Revaluation at retail is a process in SAP for Retail that allows retailers to adjust the value of their inventory in order to reflect changes in market prices. This process is used to ensure that the inventory values are up-to-date and accurate. 
  
  How to use it: 
  In order to use revaluation at retail, retailers must first enter the new market prices into the system. Once this is done, the system will automatically calculate the new inventory values based on the new prices. The retailer can then review and approve the new values before they are applied to the inventory. 
  
  Tips & Tricks: 
  It is important to regularly review and update the market prices in order to ensure that the inventory values are accurate. Additionally, it is important to review and approve any changes before they are applied to the inventory in order to avoid any discrepancies. 
  
  Related Information: 
  For more information on revaluation at retail, please refer to SAP's documentation on IS-R SAP for Retail.