How to use MRLH - Change LIFO/FIFO Valuation Level

SAP Transaction Code - Details

• Transaction Code: MRLH

  Description: Change LIFO/FIFO Valuation Level

  Release: S/4HANA and ECC 6

• • Program: RMLIFO44

    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: MRLH - Change LIFO/FIFO Valuation Level

  
  Overview: 
  MRLH is an SAP transaction code used to change the valuation level of a material from either Last In First Out (LIFO) or First In First Out (FIFO). This transaction code is used to adjust the valuation level of a material in the inventory system. 
  
  Functionality: 
  The MRLH transaction code allows users to change the valuation level of a material from either LIFO or FIFO. This is important for inventory management, as it allows users to accurately track and value their inventory. The MRLH transaction code also allows users to view the current valuation level of a material, as well as any changes that have been made. 
  
  Step-by-step How to Use: 
  1. Enter the MRLH transaction code into the SAP system. 
  2. Enter the material number for which you want to change the valuation level. 
  3. Select either LIFO or FIFO as the new valuation level for the material. 
  4. Confirm your selection and save your changes. 
  
  Other Recommendations: 
  It is important to note that changing the valuation level of a material can have an impact on inventory costs and profits. Therefore, it is recommended that users carefully consider any changes they make before saving them in the system. Additionally, users should ensure that they are familiar with both LIFO and FIFO before making any changes, as this will help them make informed decisions about their inventory management.