What is Valuation Class ? What is the impact of Valuation Class on Balance Sheet ?
Answers were Sorted based on User's Feedback
Answer / sapuser_11
The valuation class of the material, which is entered in
the accounting data of
the material master record and which is responsible for
number assignment depending on the material and material
|Is This Answer Correct ?||8 Yes||3 No|
Answer / shruti
Valuation class is agrouping of materials with same account
|Is This Answer Correct ?||5 Yes||1 No|
Answer / srikanth
valuation class is a grouping of materials having similar properties and assignment of these materials to a group of G/L accounts.
|Is This Answer Correct ?||2 Yes||0 No|
Answer / muheeb
Valuation class is group of material accounts, valuation
class is impact during balance sheet.
|Is This Answer Correct ?||0 Yes||3 No|
Answer / siva
Valuation class is class a vlaue of material maintain for
one material type. For making of blanec sheet very material
is evaluated price wise. That price shoulbe come from
valuation class. i.e Material type is linked with valuatin
class, valuation class is linked with account modified.
Valuation classs, account modified is linked G/L accounts.
G/L accounts are in Chart of account.
|Is This Answer Correct ?||2 Yes||10 No|
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