Account Assignment - Valuation Grouping Code

[Former Member]

Hi all,

Is it necessary to maintain valuation grouping code in OBYC. What happens if we don't maintain VGC ?

Thanks

[kmrcks]

If your business requirements calls for

one material valuated at different plant at different price , then valuation groupring code will be useful

[ajitkumar]

there is an option in OMWM to make valuation grouping active or not.

the default setting is valuation grouping active.

if you have it active, thru grouping it is possible to find different GLs for the same transaction key.

I think it is better for grouping to be active since if there is a need to segrate accounts at plant level, it will be possible

[BijayKumarBarik]

Hi,

Valuation Grouping Code (or Valuation Modifier) is used to group valuation area.Without Valuation Grouping Code, you can not post any transaction posting.

Generally plant is a valuation area where plant links with Valuation Grouping code in  t.code: OMWD  and then Valuation Grouping code(play vital role in MM-FI account determination) used to link valuation class,account grouping code and G/L account with chart of account in t.code:OBYC.

Regards,

Biju K

[Former Member]

Hi Biju,

Thanks for the detailed explanation. I think valuation grouping code is a collection of valuation areas that will have the same account determination.

If we don't use the valuation grouping code, we have to set up account determination for each plant or company code in SAP.

Actually my requirement is to post inventory differences to different GL Account only during the mvmt type for 702 in a particular plant. Rest of the GL accounts need to be the same. I am planning to create new account modifier replacing INV with AAA (new) and would like to assign it to the mvmt type 702. But we can group plants using Valuation grouping code only once.

Is it possible to maintain account assignment only for one plant without valuation grouping code?

Thanks,

[BijayKumarBarik]

Hi,

GBB-INV keys triggers for movement types 701 and 702.

Why you want to post inventory differences to different GL Account during the movement types 701 & 702 for a particular plant!

Considering you have nine plants ie…P100, P200, P300, P400, P500, P600, P700, P800 and P900,…You can create valuation grouping codes Z001, Z002 As needed by you – You can assign valuation grouping code Z001 to P100, P200, P300, P400, P500, P600, P700 &  P800 and  assign valuation grouping code Z002 in t.code: OMWD.

You can assign different G/L accounts with valuation grouping code Z002 and valuation class with GBB-INV keys.

Valuation grouping code---Account Grouping code----Valuation Class----Debit-------Credit

Z001----------------------------------INV---------------------------------3000-----------------G/L-1------G/L-1

Z002----------------------------------INV---------------------------------3000-----------------G/L-2------G/L-2

Keep other G/L accounts are assigned (for all plants) with transaction key/keys as same.for both valuation grouping codes Z001 and Z002 .

Regards,

Biju K

[Prasoon]

This message was moderated.

[Prasoon]

This message was moderated.