Valuation Record Error
While doing GR for Material iam getting this error
Valuation record 300105 XXXX DOMESTIC does not exist
Message no. M7077
Actually i created 2 valuation types in configuring split valuation
Domestic and Foreign
in Material master for this material i have selected orign H.
In PO also i have selected Domestic valuation type
While doing MIGO i am getting this error
Bijay Pradhan replied
You should not change the valuation class as per your requirement.This will impact on valuation of that particular material.
If one material is procured from domestic as well as Import then use Split Valuation Concept.
For this go to customization:Tcode-OMSK- create two valuation classes and assign the same to respective account category reference.Lets say val class for Domestic is 1001 and for Import it is 1002
and for header it will be 1000
Now create valuation category=P(lets say)
Now create valuation type=Domestic and Import.
Assign this valuation type to the corresponding Account Category reference and then active the same for "P" valuation category.
In global types active for respective Plants.
Now create the material "M" for the particular Plant and in accounting View-1 put
Valuation Category=P and Val. Class=1000......after maintaining other required views just save the material master.
Now again goto MM01,put the material code created and then choose only accounting view-1,put plant and valuation type=Domestic, then in accounting view-1 put corresponding Val Class=1001 and then save.
Repeat the same for maintaining the Import Valuation type.
Now when you check in MM60 the structure of material code will look like:
Plant...........Material...........Valuation type.............Valuation Class..........Price Control
5000 M 1000 V
5000 M Domestic 1001 V
5000 M Import 1002 V
Now you can choose the required valuation type for this single material.
In this way the stock and its value will separate to Domestic and Import.
Hope this will solve your problem.
Thanks & Regards,