Topic overview

With the help of the reorganization application Reorganize period inventory values for valuation method you can reorganize historical period inventory values on the basis of the valuation method (FIFO, LIFO or annual LIFO). Below you will find descriptions of how to use the reorganization application and its parameters. You will also be informed about the effects of the reorganization.

The reorganization applications are supported by the Reorganization jobs application. The description of this application can be found in the Reorganization jobs article. It also contains a procedure on how to run the reorganization application.

In the Reorganization jobs application, various reorganization applications are added to a list in order to execute them one after the other with a reorganization sequence. In order for reorganization to actually take place, a certain sequence within the list must often be adhered to. This is the only way to resolve usages. This sequence can be found in the Reorganization sequence article.

Definitions of terms

Item
An item is a tangible or intangible article. An item can be a raw material, finished product, module, storage unit, or replacement part. It can also be a service or a billing item for inter-company billing.

Firm
With reference to organizations, within the organizational structure for Financials, one assigned organization is referred to as a firm. A firm is a corporate body with a separate balance sheet. You can set the Financials firm for the data records transferred from the OLTP database in the Customizing application. In Financial Accounting, any number of firms can be kept in one database.

Background application
A background application is an application that is run without interaction with a user. It can be opened either by a batch job, a CORBA call-up, or another application.

Inventory posting
Inventory posting is carried out in order to document all quantity and value transactions within Inventory management. In the process of inventory posting, inventory is updated and and inventory valuation are carried out depending on the posting key used.

Period
A period is a period of time within a fiscal year. Periods sub-divide a fiscal year in order to be able to assess corporate data at certain times, for example.

Reorganization
When data are reorganized, they are physically deleted from the database. Deletion requires a set of checks to be satisfied. With reorganization, any business objects that are dependent on the data to be deleted are also deleted.

Reorganization applications
Reorganization applications are batch applications with the special Reorganization use. Reorganization applications are used to reorganize master and transaction data according to certain criteria.

Reorganization job
A reorganization job is a batch job exclusively for calling up one or more reorganization applications. The reorganization applications are called up in an individual sequence, whereby sequence dependencies are considered.

Application description

The reorganization application Reorganize period inventory values for valuation method reorganizes historical period inventory values on the basis of a valuation method (FIFO, LIFO or annual LIFO), which you can select as a parameter.

Historical period inventory values can only be reorganized if both the selected posting period, the subsequent posting period and the respective fiscal year have been closed.

For those posting periods in which the inventory values are to be reorganized, it is assumed that the inventory values for the relevant inventory valuation methods were calculated in the closed fiscal year (if required, see the Calculate inventory values application and the related article Calculate inventory values).

Please note that reorganized period inventory values can no longer be queried and output. Therefore, in the Inventory value query application, reorganized historical period inventory values may be missing. However, this does not affect the values determined for the current posting period.

Parameters

The reorganization application has the following parameters:

Maximum run time – the maximum runtime of a reorganization application is the time span after which the reorganization application is terminated at the latest. The default value is ten minutes.

Export mode – whether and what is exported for archiving can be set via the export mode. The following export modes can be selected:

• Do not export
• Export all attributes
• Export with filter

This mode is only available if the export is possible in the Export data application. Export mode is only available if the reorganization application allows the data to be archived.

Export filter – for the export mode Export with filter, you can specify an export filter in this field that is used for archiving. The export filter can be entered in the Export data application. This field is only available if the export of the business objects to be reorganized is possible via the Export data application.

Firm – in a multi-site system, enter the firm to which inventory values are to be reorganized in this field. The firm must be specified in a multi-site system. This field is not visible in a single-site system

Optional valuation method – in this selection field, specify the valuation method that was used for valuation and whose data is to be reorganized. You can only select the methods that were defined in the Optional valuation methods field in the Customizing application, Financials function, Valuation sub-function. One of the following valuation methods can be selected:

• FIFO
• LIFO
• Annual LIFO

To period – enter a posting period in this field that has already been completed and is in a closed fiscal year. This field is mandatory.

Item – if required, enter one or more item identifiers for which you want to reorganize inventory values. If the field remains empty, the reorganization is applied to all items in the business object Period inventory values per valuation method.

Affected business objects

The following business object is affected by the reorganization:

Description: Period inventory values per valuation method: com.cisag.app.inventory.obj.InventoryValuePeriodSummary