<?xml version="1.0" encoding="utf-8"?>
<OptionList ID="/baanerp/wh/domains/ina.valm" xml:lang="en">
   <Header>
      <Title>Valuation Method</Title>
   </Header>
   <List>
      <ListItemHead>Fixed Transfer Price (FTP)</ListItemHead>
      <ListItem ID="ftp">
         <Paragraph>The fixed transfer price equals the item <Link href="/baanerp/ti/glossary/glossary#CostPrice_ti" role="glossary">cost price</Link>, including any surcharges or discounts. Item cost prices are
		calculated in the <Link href="/baanerp/ti/cpr/ticpr2210m000" role="session">Calculate Cost and Valuation Prices (ticpr2210m000)</Link> session.</Paragraph>
         <List>
            <ListIntro>For further information, see:</ListIntro>
            <ListItem>
               <Link href="/baanerp/ti/onlinemanual/000030" role="manual">Price calculation code</Link>
            </ListItem>
            <ListItem>
               <Link href="/baanerp/ti/onlinemanual/000023" role="manual">Standard cost price</Link>
            </ListItem>
         </List>
      </ListItem>
      <ListItemHead>Moving Average Unit Cost (MAUC)</ListItemHead>
      <ListItem ID="mauc">
         <Paragraph>During receipt, goods are valued against the receipt price. For
		further information, see <Link href="/baanerp/wh/onlinemanual/000347" role="manual">Moving Average Unit Cost (MAUC)</Link>.</Paragraph>
      </ListItem>
      <ListItemHead>First In First Out (FIFO)</ListItemHead>
      <ListItem ID="fifo">
         <Paragraph>When issued, goods are valued against the oldest inventory
		value. During receipt, the inventory value and the receipt quantity is stored
		in the <GUIRef href="/baanerp/wh/ina/whina1512m000" role="session">Inventory Receipt Transactions (whina1512m000)</GUIRef> session .The value of these
		receipts will be consumed during each issue in FIFO order.</Paragraph>
         <TABLE border="1" borderstyle="default" space-and-orientation="indented-estimated">
            <TBODY noTR="6">
               <TR no="1" isLast="false">
                  <TH colspan="2" rowspan="1">Example</TH>
               </TR>
               <TR no="2" isLast="false">
                  <TH rowspan="1" colspan="1">Receipt 1</TH>
                  <TD rowspan="1" colspan="1">100 pcs of $5
				each</TD>
               </TR>
               <TR no="3" isLast="false">
                  <TH rowspan="1" colspan="1">Receipt 2</TH>
                  <TD rowspan="1" colspan="1">100 pcs of $6
				each</TD>
               </TR>
               <TR no="4" isLast="false">
                  <TH rowspan="1" colspan="1">Inventory value</TH>
                  <TD rowspan="1" colspan="1">100 x $5 + 100 x $6 =
				$1100</TD>
               </TR>
               <TR no="5" isLast="false">
                  <TH rowspan="1" colspan="1">Issue 1</TH>
                  <TD rowspan="1" colspan="1">150 pcs consisting of 100 x $5 + 50 x
				$6 = $800</TD>
               </TR>
               <TR no="6" isLast="true">
                  <TH rowspan="1" colspan="1">Remaining Value</TH>
                  <TD rowspan="1" colspan="1">50 pcs of $6 each =
				$300</TD>
               </TR>
            </TBODY>
         </TABLE>
      </ListItem>
      <ListItemHead>Last In First Out (LIFO)</ListItemHead>
      <ListItem ID="lifo">
         <Paragraph>When issued, goods are valued against the most recent inventory
		value. During receipt, the inventory value and the receipt quantity is stored
		in the <GUIRef href="/baanerp/wh/ina/whina1512m000" role="session">Inventory Receipt Transactions (whina1512m000)</GUIRef> session.The value of these
		receipts will be consumed during each issue in LIFO order.</Paragraph>
         <TABLE border="1" borderstyle="default" space-and-orientation="indented-estimated">
            <TBODY noTR="6">
               <TR no="1" isLast="false">
                  <TH colspan="2" rowspan="1">Example</TH>
               </TR>
               <TR no="2" isLast="false">
                  <TH rowspan="1" colspan="1">Receipt 1</TH>
                  <TD rowspan="1" colspan="1">100 pcs of $5
				each</TD>
               </TR>
               <TR no="3" isLast="false">
                  <TH rowspan="1" colspan="1">Receipt 2</TH>
                  <TD rowspan="1" colspan="1">100 pcs of $6
				each</TD>
               </TR>
               <TR no="4" isLast="false">
                  <TH rowspan="1" colspan="1">Inventory value</TH>
                  <TD rowspan="1" colspan="1">100 x $5 + 100 x $6 =
				$1100</TD>
               </TR>
               <TR no="5" isLast="false">
                  <TH rowspan="1" colspan="1">Issue 1</TH>
                  <TD rowspan="1" colspan="1">150 pcs consisting of 100 x $6 + 50 x
				$5 = $850</TD>
               </TR>
               <TR no="6" isLast="true">
                  <TH rowspan="1" colspan="1">Remaining Value</TH>
                  <TD rowspan="1" colspan="1">50 pcs of $5 each =
				$250</TD>
               </TR>
            </TBODY>
         </TABLE>
      </ListItem>
      <ListItemHead>Lot Price (Lot)</ListItemHead>
      <ListItem ID="lot">
         <Paragraph>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 <Link href="/baanerp/wh/onlinemanual/000409" role="manual">Lot pricing</Link>.</Paragraph>
         <TABLE border="1" borderstyle="default" space-and-orientation="indented-estimated">
            <TBODY noTR="7">
               <TR no="1" isLast="false">
                  <TH colspan="2" rowspan="1">Example</TH>
               </TR>
               <TR no="2" isLast="false">
                  <TH rowspan="1" colspan="1">Lot
				price</TH>
                  <TD rowspan="1" colspan="1">6.50</TD>
               </TR>
               <TR no="3" isLast="false">
                  <TH rowspan="1" colspan="1">Receipt 1</TH>
                  <TD rowspan="1" colspan="1">100 pcs of $6.5
				each</TD>
               </TR>
               <TR no="4" isLast="false">
                  <TH rowspan="1" colspan="1">Receipt 2</TH>
                  <TD rowspan="1" colspan="1">100 pcs of $6.5
				each</TD>
               </TR>
               <TR no="5" isLast="false">
                  <TH rowspan="1" colspan="1">Inventory value</TH>
                  <TD rowspan="1" colspan="1">200 x $6.5 =
				$1300</TD>
               </TR>
               <TR no="6" isLast="false">
                  <TH rowspan="1" colspan="1">Issue 1</TH>
                  <TD rowspan="1" colspan="1">150 pcs of $6.5 each =
				$975</TD>
               </TR>
               <TR no="7" isLast="true">
                  <TH rowspan="1" colspan="1">Remaining Value</TH>
                  <TD rowspan="1" colspan="1">50 pcs of $6.5 each =
				$325</TD>
               </TR>
            </TBODY>
         </TABLE>
      </ListItem>
      <ListItemHead>Serial Price (Serial)</ListItemHead>
      <ListItem ID="serial">
         <Paragraph>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.</Paragraph>
         <TABLE border="1" borderstyle="default" space-and-orientation="indented-estimated">
            <TBODY noTR="7">
               <TR no="1" isLast="false">
                  <TH colspan="2" rowspan="1">Example</TH>
               </TR>
               <TR no="2" isLast="false">
                  <TH rowspan="1" colspan="1">Serial
				price</TH>
                  <TD rowspan="1" colspan="1">6.50</TD>
               </TR>
               <TR no="3" isLast="false">
                  <TH rowspan="1" colspan="1">Receipt 1</TH>
                  <TD rowspan="1" colspan="1">100 pcs of $6.5
				each</TD>
               </TR>
               <TR no="4" isLast="false">
                  <TH rowspan="1" colspan="1">Receipt 2</TH>
                  <TD rowspan="1" colspan="1">100 pcs of $6.5
				each</TD>
               </TR>
               <TR no="5" isLast="false">
                  <TH rowspan="1" colspan="1">Inventory value</TH>
                  <TD rowspan="1" colspan="1">200 x $6.5 =
				$1300</TD>
               </TR>
               <TR no="6" isLast="false">
                  <TH rowspan="1" colspan="1">Issue 1</TH>
                  <TD rowspan="1" colspan="1">150 pcs of $6.5 each =
				$975</TD>
               </TR>
               <TR no="7" isLast="true">
                  <TH rowspan="1" colspan="1">Remaining Value</TH>
                  <TD rowspan="1" colspan="1">50 pcs of $6.5 each =
				$325</TD>
               </TR>
            </TBODY>
         </TABLE>
      </ListItem>
   </List>
</OptionList>