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author's profile photo Former Member
Former Member

Valuation Class, Valuation type and G/L account

Hi all,

plz coorect me if i m wrong.

The one to one G/L is attached to Valuation class, and valuation type is defined to account reference key, and this ARef is defined to valuation class.

so ultimately the valuation type is defined to G/L account.

and the use of valuation type is that we can see the MAP as per our usuage. if import then accordingly and if domestic then accordingly.

otherwise the account posting if in different G/L is required can be accomplished by only valuation class also, if we want to see the stock as per import and domestic, scrap, and their moving price as well then the valuation type plays an important role which can not be achieved by just valuation class.

plz correct if i m wrong.

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  • author's profile photo Former Member
    Former Member
    Posted on Nov 21, 2007 at 06:31 AM

    Hi Deepti,

    Basically to let you know about valuation details, here's to start with :

    Valuation Area : this is the area where the materials are valuated.

    Valuation Class : This is the class where it determines the GL Account.

    Valuation Category : This is used for Split valuation where in you have same material name and specs but two different prices.

    Valuation Type : This is used in split valuation where you define for the twoo diff prices for that matrl.

    To give more details on split valuation, here's an example ;

    you have to maintain 2 pumps in your store and you get one from A and one from B of which both prices are diff. Now the Pump is your valuation category and A&B are your valuation types.

    Hope this gives a clear picture.

    Reward if found good.

    Thanks

    Anand

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