What is 'valuated stock' in SAP MM-IM - Inventory Management?

valuated stock - Overview

• Component: MM-IM

• Component Name: Inventory Management

• Description: The stock of a material owned by a firm that is part of the firm's current assets. Various procedures can be applied to valuate this stock. The valuated stock of a material at a plant is the sum of: Unrestricted-use stock held at all storage locations Stock in quality inspection at all storage locations Stock in transfer at storage location and plant levels

valuated stock - Details

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  Key Concepts: 
  Valuated stock is a type of inventory in SAP that is assigned a value. This value is based on the cost of the goods and services associated with the inventory. The value of the stock is used to calculate the cost of goods sold (COGS) and to determine the inventory balance. 
  
  How to use it: 
  Valuated stock can be used in SAP's Inventory Management (MM-IM) module. In this module, users can view and manage their inventory, including valuated stock. They can also set up valuated stock for specific items, such as raw materials or finished goods. 
  
  Tips & Tricks: 
  When setting up valuated stock in SAP, it is important to ensure that the values assigned to the inventory are accurate. This will help ensure that the COGS and inventory balance are accurate. Additionally, it is important to regularly review and update the values assigned to valuated stock to ensure that they remain accurate. 
  
  Related Information: 
  For more information on valuated stock in SAP, please refer to the official SAP documentation on Inventory Management (MM-IM). Additionally, there are many online resources available that provide detailed information on how to set up and manage valuated stock in SAP.