VALUATION CLASS

[Former Member]

hi,

what is the role of VALUATION CLASS, in MM - FI integration ??

sai

Edited by: Csaba Szommer on Oct 21, 2011 1:50 PM

[Former Member]

Dear Sai ,

Click on below link which will clarify your doubt and help full link.

http://www.sap-img.com/financial/what-is-valuation-area-and-class.htm

Regards

Ram

[Former Member]

Hi,

You need to know the role of account determination for knowing the importance of valuation class.

Account determination is based for combination of valuation grouping code, general modifier/account modifier, valuation class in SAP MM.

This will be defined for particular transaction event key. Transaction event key will inturn be defined for each movement type of SAP MM.

GL account is assigned for certain combinations.

To put down in flowchart format-

- Movement type-

- Transaction event key

- GL account determination (one debit and one credit)- based on below combination

- Valuation grouping code (see definition below)

- Account modifier (see definition below)

- Valuation class (see definition below

1) SAP MM valuation class: This is maintained in material master. Material type is taken from material master. Account category reference is taken from material type which in turn is assigned to valuation class. GL account are assigned to valuation class and from this valuation class GL accounts are triggered.

Thanks.

[Former Member]

Hi

Valuation calss is used to determine the G/L account for the materials stock account.In automatic account determination, you must create valuation classes and assign them to material types. while creating material master records, you must select the appropriate valuation class in the accounting view.

regards

santosh

[Former Member]

http://help.sap.com/saphelp_46c/helpdata/en/47/60feb949f011d1894c0000e829fbbd/content.htm