MRF3 - FIFO Valuation: Create Doc. Extract

SAP Transaction Code - Details

• Transaction Code: MRF3

  Description: FIFO Valuation: Create Doc. Extract

  Release: S/4HANA and ECC 6

  Menu Path:

  • Logistics > Materials Management > Valuation > Balance Sheet Valuation > FIFO Valuation > Prepare > Create Document Extract

• • Program: RMFIFO32

    Screen: 1000

    Authorization Object:

  • Development Package: MRY

    Package Description: Balance Sheet Valuation

    Parent Package: APPL

  • Module/Component: MM-IM-VP

    Description: Balance Sheet Valuation Procedures

Smart SAP Assistant

• SAP Tcode: MRF3 - FIFO Valuation: Create Doc. Extract

  
  Overview:
  MRF3 is a SAP transaction code used to create a document extract for FIFO valuation. This transaction code is used to create a document extract for FIFO valuation, which is a method of inventory valuation that assumes the oldest items in inventory are the first ones sold. 
  
  Functionality: 
  MRF3 allows users to create a document extract for FIFO valuation. This document extract contains information about the inventory items, such as the quantity, value, and date of purchase. The document extract can then be used to calculate the value of the inventory using the FIFO method. 
  
  Step-by-step How to Use: 
  To use MRF3, users must first enter the selection criteria for the document extract. This includes the material number, plant, and storage location of the inventory items. Once the selection criteria have been entered, users can then generate the document extract by clicking on the “Execute” button. 
  
  Other Recommendations: 
  It is recommended that users review the document extract before using it for FIFO valuation. This will ensure that all of the necessary information is included in the document extract and that there are no errors or omissions. Additionally, users should ensure that they are using the most up-to-date version of MRF3 before generating their document extract.