In FI-MM integration we assign the Valuation modifier, and valuation class and

In FI-MM integration we assign the Valuation modifier, and
valuation class and G/L Account?

from where and how the values of stock will come and post gl
account. what is the job of the valuation class..and
movement type ... where we give the movement type..
valuation modifier means valuation area group code, where we
will give this indicator..

Question Posted / durga prasad

1 Answers
18977 Views
I also Faced
E-Mail Answers

In FI-MM integration we assign the Valuation modifier, and valuation class and G/L Account? from..

Answer / anil

In T code OBYC we will assign all the things. ie.,
valuation grouping code, valuation calss, General Modifier,
Gl Account no.

This valuation class is maintained in the material master.

We can assign different "Material types" to "one GL
account" and / or Different "GL accounts" to one "Material
Type" with the help of Valuation class.

Values of stock are changed in accordance to the
transaction and its GL account in OBYC. Material unit
price is maintained in Material master. When CO and PC are
activated, the cost of the material is updated from cost
estimate that is assigned in the material master under
controlling tab.

Movement types are assigned by SAP system to diferent
different transactions (EX: migo, Miro, MB1B)

Is This Answer Correct ?

24 Yes

2 No

Post New Answer

More SAP FI-CO (Financial Accounting & Controlling) Interview Questions

What do you enter in Company code Global settings?

9 Answers

why it is not able to post to a customer a/c in a previously closed'period'?

9 Answers HP,

Is it possible to create multiple assets in a single transaction? : fi- asset accounting

0 Answers

my business is running from 2005 till now. how i want to introduce SAP system in organization. for this my plan like this : opening balance fy 2010-11 is taken and fy 2011-12 data is uploaded. My question is how to take fy 2010-11 opening balance with complete configuration procedure?

1 Answers Wipro,

where do you control the header data?

3 Answers

How does the system calculate the activity price? : co- cost center accounting

0 Answers

is it possible to create group chart of accounts with the help of different different operational chart of accounts?

1 Answers

What is meant by Document Splitting in SAP

13 Answers

how to send dunning ntife by email to customer?

0 Answers CTS, SAP Labs,

what is year dependent fiscal year?