Skip to Content
author's profile photo Former Member
Former Member

Valuation Class

Hi all,

Can anybody explain me what is meant my Valuation Class.

regards

Aspire

Add a comment
10|10000 characters needed characters exceeded

Assigned Tags

Related questions

3 Answers

  • Best Answer
    author's profile photo Former Member
    Former Member
    Posted on Jun 17, 2008 at 01:38 PM

    Hi

    The valuation class has the following functions:

    Allows the stock values of materials of the same material type to be posted to different G/L accounts.

    Allows the stock values of materials of different material types to be posted to the same G/L account.

    Determines together with other factors the G/L accounts updated for a valuation-relevant transaction (such as a goods movement).

    Thanks

    Kalyankumar

    Add a comment
    10|10000 characters needed characters exceeded

  • author's profile photo Former Member
    Former Member
    Posted on Jun 17, 2008 at 01:34 PM
    Add a comment
    10|10000 characters needed characters exceeded

  • author's profile photo Former Member
    Former Member
    Posted on Jun 17, 2008 at 01:38 PM

    Hi,

    Valuation class determines what type of material typically? like Raw material, semi finished good and finished goods etc...and you will assign GL accounts based on valuation class with reference to Transactin keys in OBYC and Valuation class will be there in Material master in Accounting view. This is what integration between FI and MM.

    Hope understood assign points if you get through.

    Thanks,

    Vasu..

    Add a comment
    10|10000 characters needed characters exceeded

Before answering

You should only submit an answer when you are proposing a solution to the poster's problem. If you want the poster to clarify the question or provide more information, please leave a comment instead, requesting additional details. When answering, please include specifics, such as step-by-step instructions, context for the solution, and links to useful resources. Also, please make sure that you answer complies with our Rules of Engagement.
You must be Logged in to submit an answer.

Up to 10 attachments (including images) can be used with a maximum of 1.0 MB each and 10.5 MB total.