Change of Valuation class in material ledger

[Former Member]

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

[Former Member]

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

[Former Member]

Dear Rk

Thank you for reply.The valuation class is different so different GL assigned to PRD account. So i need to transfer the difference to new PRD GL A/C? Do i have to post the price difference  through JV or there is some other method available in the system. Will the price difference would be visible in CKM3 after the transfer on to new material?

With Regards

Saurabh

[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