Valuation grouping code

[Former Member]

Dear All,

We had created plant 1121 & 1221. For these plants we assigned valuation grouping code 0001 in system.

Now we want to change valuation grouping code from 0001 to 0002 as these both plants are for trading business.

0001 was created for plants where production will take place and 0002 is created for trading purpose and respective GL's are assigned to these valuation grouping code.

As in system we had wrongly assigned the valuation grouping code 0001 to these plants wrong GL's are getting picked up.

Already we had carried out transactions in both plants. We had completed all transactions like MIGO/MIRO.

Will it impact other than MIGO/MIRO entries?

If we change the valuation group from 0001 to 0002 for thease two plants will it cause any problem,

Please suggest.

Regards,

Umesh Agrawal

[Former Member]

hi

it will not it will take only the future transactions.

[Former Member]

Thanks for reply AP.

I am having below queries for the same issue.

1) In both plants there is some stock at present will there will be any problem due to this?

2) What will happen to open PO's and MGIO's for which invoice is not booked.

3) will it have any other financial impact?

Regards,

Umesh

Edited by: Umesh Agrawal on Mar 30, 2009 7:30 AM

[raghavendra_praveen]

Hi

If there is some stock for the materials in plant, then difinitely stock accounts are updated with entries.

Hope you defined separate GLs for new valuation grouping code. Then when you change the settings in OBYC new GLs should be updated (they have to show the stock balance for the materials in plant say 0002). Same is the case for changing the valuation class. I suggest you to move the stock of materials to dummy ones and then change the valuation grouping code for valuation area. Then reverse the entries (earlier stock transfer postings), then new GLs assigned to valuation grouping code will be updated with current stock figures and old ones will show zero balance. Any then transactions will hit new assignments.

Thanks

[kunal_ingale]

hi

>1) In both plants there is some stock at present will there will be any problem due to this?

no problem, will be there for further transactions

2) What will happen to open PO's and MGIO's for which invoice is not booked.

if the open pos are there there will be new settings get applicable for these pos

3) will it have any other financial impact?

as ur going to start new transactions ,acting will be done to new accounts

but the reconcillation of the year u have to tokk form new as well as old acts

the reconcillation will be difficult as u have to do it manually for some cases

regards

kI