How to use MRL4 - Display LIFO Valuation: Single Matl

SAP Transaction Code - Details

• Transaction Code: MRL4

  Description: Display LIFO Valuation: Single Matl

  Release: S/4HANA and ECC 6

  Menu Path:

  • Logistics > Materials Management > Valuation > Balance Sheet Valuation > LIFO Valuation > Display > On Individual Level
  • Information Systems > General Report Selection > Materials Management > Value Assignment > LIFO Valuation > Display on Individual Level

• • Program: RMLIFO10

    Screen: 1000

    Authorization Object:

  • Development Package: MRY

    Package Description: Balance Sheet Valuation

    Parent Package: APPL

  • Module/Component: MM-IM-VP

    Description: Balance Sheet Valuation Procedures

Smart SAP Assistant

• SAP Tcode: MRL4 - Display LIFO Valuation: Single Matl

  
  Overview:
  MRL4 is a SAP transaction code used to display the Last In First Out (LIFO) valuation of a single material. This transaction code is used to view the current stock value of a material based on the LIFO method. 
  
  Functionality: 
  The MRL4 transaction code allows users to view the current stock value of a material based on the LIFO method. This transaction code also allows users to view the stock value of a material in different currencies, as well as the total stock value of all materials in a particular plant. 
  
  Step-by-step How to Use: 
  1. Enter the MRL4 transaction code in the SAP command field. 
  2. Enter the plant and material number for which you want to view the LIFO valuation. 
  3. Select the currency in which you want to view the valuation. 
  4. Click “Execute” to view the LIFO valuation of the material. 
  5. To view the total stock value of all materials in a particular plant, select “Total Stock Value” from the menu bar and enter the plant number. 
  6. Click “Execute” to view the total stock value of all materials in that plant. 
  
  Other Recommendations: 
  It is recommended that users familiarize themselves with other SAP transaction codes related to inventory management, such as MB51 (Display Material Document List) and MB52 (Display Stock/Requirements Situation). Additionally, users should be aware of other methods of inventory valuation, such as FIFO (First In First Out) and Average Costing, and how they differ from LIFO valuation.