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author's profile photo Former Member
Former Member

hi

hi,

i want to know where are we assigning chart of accounts and valuation grp code .an error asked by MM guy .plz tell me

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3 Answers

  • author's profile photo Former Member
    Former Member
    Posted on Sep 29, 2007 at 08:58 AM

    Hi,

    U can assign valn class and valuation modifcation to accounts in a particular chart of account in TCode OBYC.

    Assign points if found useful.

    Warm Regards

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  • author's profile photo Former Member
    Former Member
    Posted on Sep 29, 2007 at 09:37 AM

    Valuation class needs to be defined for all the materials. The valuation class + the material movement type determine the GLs to be updated. This is how the accounting documents trigger as far as FI/MM integration is concerned.

    P K

    Message was edited by:

    Prakash Kale

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  • author's profile photo Former Member
    Former Member
    Posted on Sep 29, 2007 at 09:53 AM

    Valuation class is important to valuate the material, while definingthe material based on the material type this will be defined. For these material GL Accounts will be assigned at OBYC settings. When ever the goods movement takes place automatically these Gl accounts triggers.

    regards

    harikishan

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