How to use OMWH - C Indicator for Materials LIFO Pools

SAP Transaction Code - Details

• Transaction Code: OMWH

  Description: C Indicator for Materials 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

Smart SAP Assistant

• SAP Tcode: OMWH - C Indicator for Materials LIFO Pools

  
  Overview:
  The SAP transaction code OMWH - C Indicator for Materials LIFO Pools is used to set the Last In First Out (LIFO) indicator for materials in a pool. This indicator is used to determine the order in which materials are removed from the pool. 
  
  Functionality: 
  The OMWH - C Indicator for Materials LIFO Pools transaction code allows users to set the LIFO indicator for materials in a pool. This indicator determines the order in which materials are removed from the pool. The indicator can be set to either “L” (Last In First Out) or “F” (First In First Out). 
  
  Step-by-step How to Use: 
  1. Enter the transaction code OMWH - C Indicator for Materials LIFO Pools into the command field. 
  2. Enter the material number and plant into the appropriate fields. 
  3. Select either “L” or “F” as the LIFO indicator for the material in the pool. 
  4. Click “Save” to save your changes. 
  
  Other Recommendations: 
  It is important to note that setting the LIFO indicator for materials in a pool can have a significant impact on inventory management and cost accounting processes. Therefore, it is recommended that users consult with their accounting and inventory management teams before making any changes to this setting.