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Transaction Code: OMW2
Description: C Define LIFO Pools
Release: S/4HANA and ECC 6
Program:
Screen: 0
Authorization Object:
Development Package: MRY
Package Description: Balance Sheet Valuation
Parent Package: APPL
Module/Component: MM-IM-VP
Description: Balance Sheet Valuation Procedures
Overview: The SAP transaction code OMW2 is used to define Last In First Out (LIFO) pools in the SAP system. This code is used to manage inventory and stock levels in the system. Functionality: The OMW2 transaction code allows users to define LIFO pools in the SAP system. This code is used to manage inventory and stock levels, as well as to track the movement of goods within the system. It also allows users to set up different types of LIFO pools, such as for raw materials, finished goods, and semi-finished goods. Step-by-step How to Use: 1. Enter the OMW2 transaction code in the command field. 2. Select the “Create” option from the menu bar. 3. Enter the name of the LIFO pool you wish to create. 4. Select the type of LIFO pool you wish to create (raw materials, finished goods, etc.). 5. Enter any additional information about the LIFO pool (such as description, storage location, etc.). 6. Save your changes and exit the transaction code. Other Recommendations: It is important to note that when creating a LIFO pool, it is important to ensure that all relevant information is entered correctly and accurately. Additionally, it is recommended that users familiarize themselves with all of the options available in the OMW2 transaction code before creating a LIFO pool in order to ensure that all necessary information is entered correctly and accurately.