What are valuation area, valuation category and valuation class?

Answer Posted / jintojoy

i think the valuation area is the level at which the
material stocks
are valuated (Value Basis). It can be either company Code
or Plant.

Valuation category is the criteria for defining partial
stocks.

Valuation class is to group the materials to assign to a
set of GL Accounts.

Is This Answer Correct ?    5 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is mrp (material requirement planning) and what is the transaction code to access mrp list?

612


What is an rfq and how is it different from the quotation form?

686


What are the features of sap erp?

652


What big changes does this upgrade bring?

627


Hi,  I have 7+years experience In purchasing a new and doing sap-mm training,  how is market for mm and how to find job as sap consultant,  Pl help, 

1877






What are the various stock valuation methods?

694


please share me latest sap mm interview questions asked in different mnc

2158


hello guys, could you tell me the few difficult tickets that you have solved in SAP MM??

1546


What is meant by scales in mm?

664


Explain the mm flow with tcodes & tables?

638


What benefits will be realized after implementing sap in any organization?

630


How do you post a goods receipt?

605


What are the various steps of the mm cycle?

694


Explain return delivery?

686


What is mrp list?

720