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MM-FI Integration

Former Member
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Hi friends,

In MM-FI integration,

What is Valuation Area?

What is Valuation Class?

What are A/C modifiers?

What is Price Difference? Any another important definitions with examples. Plz reply me.

Regards,

Chandra.

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
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Valuation class

The Valuation Class allows the user to group together materials with similar properties so they can be managed under the same stock account. The allowed Valuation Classes are determined by Material Type. Examples of Valuation Classes include the following:

Finished Products

Semi-Finished Products

Raw Materials

valuation area:

The Valuation Area specifies the level at which a Material is valuated. A Valuation Area can be defined in the following ways:

Valuation Area at Company Code level: all the stocks of a particular material are valuated the same for all Plants in that Company Code.

Valuation Area at Plant level: all stocks of a particular material are valued the same in that Plant. In another Plant, the material could be valued differently.

The level at which valuation should take place should be determined early in the project. Once the level is set, it cannot be changed.

account modification code:

A code used to further sub-divide a Transaction / Event Key which is assigned to a Movement Type.

Former Member
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Hi,

What is Price DifferenceA/c in MM-FI? Which situation is it used?

Regards,

Chandra.

Former Member
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Price changes in the Material master during the variuos stages like Purchase order, Goods recipt , invoice verification.

if there is any price diffrence , based on the configuration (materail price - moving average price/standard price) system will post the differnce in teh material price will post to Price diffrence Gl account (based on the key -PRD) or it will update in teh materail price it self. it based on the pricing method which you are using.

chandrasekhar reddy

Former Member
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Hi,

Thank you for your early response.

Regards,

Chandra.

Answers (0)