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Former Member

Valuation grouping code

hi,

what is Valuation grouping code?

thank you

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3 Answers

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    Former Member
    Aug 16, 2007 at 04:56 PM

    Hi,

    VGC is the combination of Company Code,Valuation area(Usually Plant) and Chart of accounts. This is useful in automatic account determination in MM.VGC is used in OBYC T.code.

    Regards

    ARAVIND

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    Former Member
    Aug 16, 2007 at 01:26 PM

    Hi KP,

    The valuation grouping code is a collection of valuation areas that will have the same account determination. Since a valuation area can be a company code or plant, we can say that a vgc represents a group of plants or company codes that have the same account determination.

    If you don’t use the valuation grouping code, you’ll have to set up account determination for each plant or company code in SAP

    Assign points if useful

    Regards

    Genie

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    Former Member
    Aug 16, 2007 at 01:26 PM

    Hi KP

    The valuation grouping code refers to a plant or a group of plants that u define . The purpose you are checking i presume is to do account assignment in MM. Here if you want to assign same GL account to two or more plants , you will club them under one valuation grouping code and assign gl accounts to this group.

    Regards

    Calappa KM

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