Valuation grouping code

[Former Member]

hi,

what is Valuation grouping code?

thank you

[Former Member]

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

[Former Member]

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

[Former Member]

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