- | # Valuation Method Fixed Transfer Price (FTP) The fixed transfer price equals the item cost price, including any surcharges or discounts. Item cost prices are calculated in the Calculate Cost and Valuation Prices (ticpr2210m000) session. For further information, see: Price calculation code Standard cost price Moving Average Unit Cost (MAUC) During receipt, goods are valued against the receipt price. For further information, see Moving Average Unit Cost (MAUC). First In First Out (FIFO) When issued, goods are valued against the oldest inventory value. During receipt, the inventory value and the receipt quantity is stored in the Inventory Receipt Transactions (whina1512m000) session .The value of these receipts will be consumed during each issue in FIFO order.
  Example
  Receipt 1 | 100 pcs of $5 each
  Receipt 2 | 100 pcs of $6 each
  Inventory value | 100 x $5 + 100 x $6 = $1100
  Issue 1 | 150 pcs consisting of 100 x $5 + 50 x $6 = $800
  Remaining Value | 50 pcs of $6 each = $300
- Last In First Out (LIFO) When issued, goods are valued against the most recent inventory value. During receipt, the inventory value and the receipt quantity is stored in the Inventory Receipt Transactions (whina1512m000) session.The value of these receipts will be consumed during each issue in LIFO order.
  Example
  Receipt 1 | 100 pcs of $5 each
  Receipt 2 | 100 pcs of $6 each
  Inventory value | 100 x $5 + 100 x $6 = $1100
  Issue 1 | 150 pcs consisting of 100 x $6 + 50 x $5 = $850
  Remaining Value | 50 pcs of $5 each = $250
- Lot Price (Lot) The inventory is valued against the lot price defined for the specific item during receipt or issue. The lot price is filled with the purchase order price. For manufactured lot items, the lot price is filled with the FTP value. For more information, refer to Lot pricing.
  Example
  Lot price | 6.50
  Receipt 1 | 100 pcs of $6.5 each
  Receipt 2 | 100 pcs of $6.5 each
  Inventory value | 200 x $6.5 = $1300
  Issue 1 | 150 pcs of $6.5 each = $975
  Remaining Value | 50 pcs of $6.5 each = $325
- Serial Price (Serial) The inventory is valued against the lot price defined for the specific item during receipt or issue. The serial price is filled with the purchase order price. For manufactured serialized items, the serial price is filled with the FTP value.
  Example
  Serial price | 6.50
  Receipt 1 | 100 pcs of $6.5 each
  Receipt 2 | 100 pcs of $6.5 each
  Inventory value | 200 x $6.5 = $1300
  Issue 1 | 150 pcs of $6.5 each = $975
  Remaining Value | 50 pcs of $6.5 each = $325