what is purpose of valuation string in a/c determination process in mm


Could any body pls tell me Account determination process in mm.What is the relation between movement types ,transaction event strings valuation strings and a/c modifier.i ddin't get the flow clarity.



Value String Indicates the posting rule that always contains the same account assignment characteristics for a certain transaction or event (for example a goods movement or an invoice receipt). The Value string is needed for the purposes of automatic account determination. 

In SAP every movement of goods is followed by one movement type and movement type trigged transaction event keys and can be checked in OMWN t.code. G/L account assignment and G/L account assigned to transaction event key with valuation grouping code, valuation class and account mofidier in OBYC t.code.

Account modifier is a key which break account determination down by movement type.

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Biju K

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