Item Group Valuation Methods

In SAP Business One, There are 3 Item Group Inventory Valuation Methods. They are :

 

1. Moving Average – the method is based on the calculation of an average cost for the item in each sales and purchasing transaction.
2. Standard – the standard pricing system permits the selection of a fixed price, which is then used for all transactions.
3. FIFO – an additional perpetual inventory system, in which goods purchased first are sold first, regardless of the actual goods flow.

 

You can set it on Administrator – System Initialization – Company Details – Item Group Valuation Method

Also read:

• Defining Item Group in SAP Business One
• Change Item Group of Items that already has a Transaction
• Inactive UOM that Doesn’t Match in a Group
• Query for List of Top 5 Item by Sales
• Adding Discount Group by Manufacturer