What is the difference between valuated Stock and Non
Valuated Stock?
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Answer Posted / sathish
This type of material is managed on a quantity basis, but
not on a value basis. This makes sense for materials of low
value, stocks of which nevertheless have to be monitored
(for example, operating manuals).
Non-stock material (NLAG) (Material Type NLAG):
Inventory management is not possible for these materials
either on a quantity or value basis. For frequently
required consumables, the use of this material type
nevertheless enables you to store the information required
to create
purchasing documents (such as texts and units of measure).
When a material is procured directly for consumption, no
material master record is necessary. In connection with
consumable materials, you can distinguish between the
following cases:
• Consumable material without material master record
• Consumable material with material master record that is
not subject to
inventory management (on either a quantity or value basis)
• Consumable material with material master record that is
subject to inventory management on a quantity, but not a
value, basis
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