Understanding the Market Value of an Item

The market value reflects the current price of the item. Following accounting norms, this value is used as a comparative value with regard to any inventory measurement method.

The market value acts as an upper limit. It is also used for the routine comparison called Cost or market, whichever is less.

You can compare the market value and the price resulting from the PLAP method. You activate this comparison in the processing options for the Inflation Inventory Adjustment program (R76A395).