New Valuation Class

[Former Member]

Dear All

Please let me know how to create A New valuation class in the system.

Regards,

Manish Jain

[Former Member · Accepted solution]

Dear Manish Jain,

To create new valuation class goto the following path.

SPRO --> Materials Management --> Valuation and Account Assignment --> Account Determination --> Account Determination without Wizard --> Define Valuation Class ---> Valuation class ---> Copy from similar valuation class & enter new valuation class number & description. Also assign the account catgory reference for this valuation class. Account cat. reference which has to be connected to your required material type.

Regards,

Shekhar Gaikwad

ThyssenKrupp Industries India

Pimpri- Pune - 411018

[Former Member]

SPRO --> Materials Management --> Valuation and Account Assignment --> Account Determination --> Account Determination without Wizard --> Go through Define Valuation Control up to Define Valuation Class

[Former Member]

use Txn OMSK, Click upon the valuation class and either copy the existing valuaitonclass to a new one or use the new entries to create a new valuaiton class.

Regards

[Former Member]

Just for your information, valuation class will be linked to your material through Material Type

The SPRO paths you need are:

SPRO --> Materials Management --> Valuation and Account Assignment --> Account Determination --> Account Determination without Wizard --> Go through Define Valuation Control up to Define Valuation Class

After setting up the above, you will have to do the last one which is Configure Automatic Postings for the new Valuation Class that you have set. By performing this step, SAP will know which double entries to do when performing Goods Receipt, Invoice Receipt, etc.