What is update inventory costs run in SAP SRD-FIN-INV - FIN-Inventory?

SAP Term: update inventory costs run

• Component: SRD-FIN-INV

• Component Name: FIN-Inventory

• Description: An automated run that overwrites the current inventory cost of the selected materials with a selected source cost type.

Smart SAP Assistant

• Key Concepts: 
  The update inventory costs run is a process in SAP's FIN-Inventory Management component that allows users to update the cost of inventory items. This process is used to ensure that the cost of inventory items is up-to-date and accurate. 
  
  How to use it: 
  To use the update inventory costs run, users must first select the relevant inventory items. This can be done by selecting a specific item or by selecting a range of items. Once the items have been selected, users can then enter the new cost for each item. The system will then update the cost of each item accordingly. 
  
  Tips & Tricks: 
  It is important to ensure that the new cost entered for each item is accurate and up-to-date. This will ensure that the inventory costs are accurate and up-to-date. Additionally, it is important to regularly review and update the cost of inventory items to ensure accuracy. 
  
  Related Information: 
  For more information on the update inventory costs run, please refer to SAP's FIN-Inventory Management documentation. Additionally, there are several online tutorials available that provide step-by-step instructions on how to use this process.