Absorbed Quantity Field, LIFO Band Table

Contains the quantity of items that are applied to the previous year’s outstanding increment quantity during the year-end inventory valuation process. If the ending inventory is greater than the starting inventory, an entry is created in the LIFO Band table with a positive increment quantity. If the ending inventory is less than the starting inventory, an entry is created with a negative increment quantity. The difference between the starting and ending quantities is automatically applied to the previous year’s outstanding increment quantity until the residual quantity equals zero.

Tip

For more information on how to work with fields and columns, see Work with Data. For assistance in finding specific pages, see Search.

Parent Tables

Table	Location
LIFO Band Table	Italy Local Functionality
LIFO Band Table	Italy Local Functionality

See Also

Other Resources

Learn About Costing
Close Years and Periods
Report Costs and Reconcile with the General Ledger