Use continuous inventory value postings
Continuous inventory value posting continuously records inventory changes in financial accounting and connects quantity, valuation and posting.
Use continuous inventory value postings
Continuous inventory value posting continuously records inventory changes in financial accounting and connects quantity, valuation and posting.
Why this point is crucial for key users
Warehousing and finance look at the same inventory from two perspectives. Continuous posting keeps both worlds together in a timely manner - but requires exceptionally clean master data and processes.
Fields and settings at a glance
- Continuous inventory value posting: Company-wide identification of whether stock movements in terms of value are posted continuously; only readable in the company setting.
- Production warehouse: Central warehouse for production-related inventory processes, if used.
- Chart of accounts: Financial basis for inventory and counter accounts.
How to prepare for the process safely
- Decide on the procedure together with the accounting and warehouse managers.
- Define valuation, inventory, expense and revenue accounts.
- Completely check item groups, warehouse management and account determination.
- Test receipts, disposals, corrections, production and period closing.
Check before sharing
- Quantity and value movements arise from the same technical event.
- Inventory accounts match inventory valuation.
- Correction and cancellation cases result in traceable offsetting entries.
What your team gets out of it
The storage value becomes a continuously explainable financial figure from the subsequent calculation system.
Related topics
- For key users – understand and prepare processes › Finance › Use account determination › Finance group item
- For key users – understand and prepare processes › merchandise management › prepare item groups
- For key users – understand and prepare processes › Finance › Check data
Frequently asked questions
Why is using continuous inventory value postings important for key users?
Inventory and finance look at the same inventory from two perspectives. Continuous posting keeps both worlds together in a timely manner - but requires exceptionally clean master data and processes.
What needs to be checked before release?
Quantity and value movements arise from the same technical event. Inventory accounts match inventory valuation. Correction and cancellation cases result in traceable offsetting entries.