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

Change of Valuation class in material ledger

Dear ALL,

Recently we have changed the valuation class of few material .The material were booked to cost centre to nullify quantity and from cost centre they were transferred to new valuation class.The problem is that after change of valuation class,the material's price difference on original material was not transfered to new material.

What should be done to book this price difference on this material in new valuation class?If we do post JV in FI for this amount will it have impact on controlling and stock account?

Thank you for your help

Saurabh

Add a comment
10|10000 characters needed characters exceeded

Related questions

1 Answer

  • author's profile photo Former Member
    Former Member
    Posted on Jul 31, 2012 at 07:53 AM

    Hi Saurabh,

    If you have defined Price difference account in OBYC under PRD with valuation class wise

    and your old valuation class and new valuation class will have different PRD GL account.

    Then you need to transfer price variance from old valuation class to new valuation class PRD gl.

    otherwise not required. If your old and new valuation class have same PRD Gl in obyc.

    regards

    RK

    Add a comment
    10|10000 characters needed characters exceeded

    • Former Member Former Member

      Hi Sourabh,

      As per my knowledge,

      you have only consume qty with standard value in cost center and purchase PRD will remain in material under CKM3 and in month end while running tcode CKMLCP ,It will charge to consumption and closing stock based on PUP(actual price).

      It will knock off automatically in CKMLCP process so need not to do anything.

      regards

      RK

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.