X-ERP Help

Inventory revaluation

The revaluation comprehensibly corrects the procurement value of existing item stocks without changing the physical quantity or storage location.

Revaluation: When the quantity is correct, but the value is no longer correct

A revaluation corrects the procurement value of existing inventory of items without changing the physical quantity or storage location. It creates a clear, auditable process instead of silent changes to individual master data.

When to Use Revaluation

  • A procurement value must be adjusted after technical review.
  • Impairments, corrections or new valuation assumptions should be documented.
  • Old and new values must be compared in a comprehensible manner with their overall impact.

For missing quantities this is Inventory count, for another storage location Stock Transfer responsible.

Create new revaluation

  1. Open the desktop button Reassessment on the desktop Storage and choose New.
  2. Choose the person responsible Inventory manager or employees. The logged in user is automatically entered.
  3. Add in Info Reason, release or internal reference.
  4. Switch to the positions and add specific items - or consciously adopt all items.
  5. Enter the technically approved position for each position new value.

Understanding fields and sums

  • Reassessment number: Unique identifier of the operation.
  • Created on: Time of installation.
  • Inventory manager: Person responsible for preparation and examination.
  • Info: Justification and reference for the change in value.
  • item, name 1 and name 2: Identify the evaluated position.
  • ME: Technical unit of measure for the item.
  • Old value: Procurement price previously managed in X-ERP.
  • New value: Target value specified by you.
  • Difference: Change between old and new value.
  • Sum of old value / sum of new value / difference: Show the overall effect of the process.

Check and complete safely

  1. Compare each new procurement value with the released calculation or decision basis.
  2. Remove accidentally included or duplicate items.
  3. Check particularly large positive and negative differences.
  4. Reconcile the overall difference with the technically expected impact.
  5. Save the draft and clear any validation messages. After successful saving, the process can no longer be changed.
  6. If necessary, document the basis as information or an attachment and then check the evaluation and inventory history.
“Plausible” is not enough for inventory values. The new value must be technically justified, approved and its overall impact must be understood.

Matching depressions

  • Warehouse
  • Inventory count (inventory)
  • Stock history
  • Finance

Related topics

  1. For specialist users – Use individual modules safely and efficiently › Modules › Storage
  2. For specialist users – Use individual modules safely and efficiently › Modules › Storage › Inventory counting (inventory)
  3. For specialist users – Use individual modules safely and efficiently › Master data › items › Register tabs › Warehouse history
  4. For specialist users – use individual modules safely and efficiently › Modules › Finance

Frequently asked questions

Does a revaluation change the inventory quantity?

No. It changes the recorded value while the quantity and storage location remain unchanged.

When do I use inventory instead?

When the physically counted inventory differs from the calculated quantity. The inventory corrects quantities, the revaluation values.

What should be checked before saving?

Check every new value, noticeable differences, duplicate items and the overall difference of the transaction against the technical approval.