New valuation type

[Former Member]

Dear MM consultnts,

i am procuring a matl from domestic vendor.

now planned to procure from import also.

so i planning to split valuation for both vendors

Curretly i am having stock of say 100 nos in stock procured from domestic vendor.

before activating split valuation this stock to be cleared ?? what is accounting impact ??

Pl reply with ur exppert comments

[Former Member]

Hii,

For activating the Split valuation first you have to clear the Stock.

Stock has to be consumed or it has to be scrapped to activate the Split Valuation.

If you consume the material accounting entries are

Stck Account Cr

Consu Account Dr

Regards,

Kumar

[pankaj_singh9]

Hi,

Proceed in following way;

1. MM01 - Create a dummy material with same MAP of original material

2. MB1B - Transfer Posting of stock of original material to dummy material using movement type 309

3. Activate Split valuation for original material in MM02, in "Accounting" view, assign valuation category

4. MM01 - Create original material for valuation types.

5. MB1B - Transfer Posting of stock of dummy material to original material using movement type 309 (use proper valuation type)

In both the cases step 2 and step 5, following FI entry will get generated;

Stock A/c - Dr (of receiving material)

Stock A/c - Cr (of issuing material)