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Valuaiton Class

Hello freinds,

What is the purpose of Valuation class? Can we assign n no. of gl accounts to the same valuation class and can we create n no. of valuation classess and can we assign no of valuation classess to the same material master.

1. We have 5 general modifiers, 5 valuation classess and 5 gl accounts. Can we assign these 5 gl accounts to same general modifier with same valuation class.

2. Say for ex: i have assigned valuation class 1200 in the material master and 1300 in the OBYC. While posting MIGO and MIRO which one will pick the system i.e., from OBYC or Material master?

Can anybody pl elabrote on this and what is the impact on financial accounting and controlling?

adv thanks

vk

Edited by: VK on Sep 8, 2008 10:51 AM

Former Member

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