Interested to Buy Any Domain ? << Click Here >> for more details...
What are valuation area, valuation category and valuation class?
- 9 Answers
- 60686 Views
- James QTC, I also Faced
- E-Mail Answers
Answer Posted / bhanu charan
valuation class: You group together different materials
with similar properties into valuation classes so that you
do not have to manage a separate stock account for every
material.
Which valuation class a material can be assigned to depends
on the material type. You can define the following
assignments in Customizing:
* All materials with the same material type are assigned
to just one valuation class.
* Different materials with the same material type are
assigned to different valuation classes.
* Materials with different material types are assigned
to a single valuation class.
A material is assigned to a valuation class in the material
master record. The system checks whether the material type
allows the material to be assigned to the valuation class
specified.
The system refers to the valuation class of a material to
determine which stock account to post to when a posting is
made for this material.
Valuation Area::::
Organizational level at which material valuation is carried
out. You can define a valuation area as follows:
* Valuation area = company code
All stocks of a particular material in this company code are
valuated together.
* Valuation area = one plant
The stocks of a particular material in this individual plant
are valuated together. Stocks in other plants are not
included in this valuation area.
You define in Customizing the level at which valuation
should take place.
Valuation Category:::
Criterion according to which split valuation is carried out:
* Procurement
You can valuate a material differently depending on whether
it is manufactured in-house or procured externally.
* Origin
You can valuate a material differently depending on where it
comes from (such as home or abroad).
* Status
You can valuate a material differently depending on its
status (such as new, used, repaired).
You define the valuation categories in Customizing. A
material is assigned a valuation category in the material
master record.
| Is This Answer Correct ? | 27 Yes | 1 No |
Post New Answer View All Answers
Can we do the physical inventory check of consignment stocks?
For creating a purchasing info record what are the pre-requisites?
What is the 'material status'?
What is a blanket po? In which business scenario you will recommend to use blanket po?
How do you generate an automatic po after creating a pr using a particular material?
What are the prerequisites of creating a purchasing info record?
How does 'automatic account assignment' work in mm?
Can forecast model be selected automatically?
What are the data in material master that are maintained at the company code level?
How are components consumed in case of subcontracting?
Where does moving average price is used in sap mm? Is it used in po or pir or contract?
What are the special stocks used in mm?
Explain the mm flow with tcodes & tables?
What are the various types of master data in the mm module?
please share me latest sap mm interview questions asked in different mnc
