What is inventory layer in SAP SRD-FIN-INV - FIN-Inventory?

SAP Term: inventory layer

• Component: SRD-FIN-INV

• Component Name: FIN-Inventory

• Description: The cost and quantity of the items in inventory that were acquired on a particular date. The accumulation of inventory layers is necessary to be able to value inventory based on cost flow assumptions such as LIFO or FIFO.

Smart SAP Assistant

• Key Concepts: 
  Inventory layer is a term used in SAP Inventory Management. It is a way of organizing inventory items into different categories or layers. This helps to better manage and track inventory items, as well as to identify which items are in stock and which are not. 
  
  How to use it: 
  Inventory layers can be used to group items into different categories, such as by product type, location, or supplier. This allows for easier tracking and management of inventory items. The inventory layer can also be used to identify which items are in stock and which are not. 
  
  Tips & Tricks: 
  When setting up an inventory layer, it is important to consider the different categories that will be used to group the items. This will help ensure that the inventory layer is organized in a way that makes it easy to track and manage the items. 
  
  Related Information: 
  For more information on SAP Inventory Management, please refer to the SAP Help Portal (https://help.sap.com/viewer/product/SAP_ERP_6.0_EHP7/7.31/en-US).