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

SAP Term: total revaluation at retail

• Component: IS-R

• Component Name: SAP for Retail

• Description: Retail Revaluation in the stock of a material at retail, whereby the total stock is valuated at the new price in a plant.

Smart SAP Assistant

• Key Concepts: 
  Total revaluation at retail is a process in the IS-R SAP for Retail system that allows retailers to adjust the value of their inventory. This process is used to account for changes in the value of inventory due to price fluctuations, exchange rate changes, or other factors. The total revaluation process is used to ensure that the inventory values are accurate and up-to-date.
  
  How to use it: 
  The total revaluation process can be initiated manually or automatically. To initiate the process manually, the user must select the “Total Revaluation” option from the menu. This will open a window where the user can enter the parameters for the revaluation, such as the date range and currency. Once these parameters are entered, the system will calculate the new inventory values and update them in the system.
  
  Tips & Tricks: 
  When performing a total revaluation, it is important to ensure that all of the parameters are correct. This includes selecting the correct date range and currency. Additionally, it is important to check that all of the inventory items are included in the revaluation process.
  
  Related Information: 
  The total revaluation process is closely related to other processes in IS-R SAP for Retail, such as stock transfer pricing and stock valuation. Additionally, it is important to understand how these processes interact with each other in order to ensure accurate inventory values.