revaluation

[Former Member]

when i m doing miro one a/c rew material revaluation a/c is generating, what is this revaluation a/c and how it generate?

[Former Member]

Hi,

It is taking revaluation because in ur vendor master at purchasing view the revaluation allowed is ticked on.

Abut revaluation pls follows:

Revaluation allowed

This indicator defines whether revaluation of deliveries and services which have already been settled should be possible for purchase order or scheduling agreement items for this vendor.

Use

If you want to include purchase order or scheduling agreement items for this vendor in the revaluation, you must set the indicator.

The indicator can be stored at various data retention levels in the vendor master record (see also Extras -> Varying data):

purchasing organization

plant

vendor sub-range (not implemented yet)

If there is plant data in the vendor master record, the indicator must be set if a purchase order or scheduling agreement item is to be processed for this plant in the revaluation.

If there is no plant data for the vendor, the system checks the indicator at the purchasing organisation level.

Dependencies

Whether the indicator is ready for input at the various data retention levels depends on the settings for the field status of the respective account groups.

regards,

indranil

[Former Member]

Hello,,

If in vendor master of that vendor (in purchasing view) revaluation allowed is ticked then there is possibility of generationg revaluation account.

This is required when you have to clear the payment of vendor with retrospective effect .For retrospective payment clearing transaction is MRNB.

Check and confirm

Regards

Kedar Kulkarni

[Former Member]

Hi,

This is reply given by Stephen Birchall in earlier thread Hope it helps u

Even MAP controlled materials sometimes cannot post variances direct to the stock account. This normally happens because there is not enough stock to post the variance to. For example if a GR of 20 items takes place at 10 USD, 200 USD will be posted to the stock account. If the invoice comes in for 20 USD and additional 200 USD will be posted to the stock account to correct the values. BUT if the 20 items have been used or written off the invoice verification cannot post the 200 USD to the stock account because there would be a value of 200 USD and no qty. In this situation variances for MAPs are written to the appropriate price variance (or gains / losses due to revaluation) accounts instead of the stock account.

this may have happened in this case (a price variance or exchange rate variance plus or minus).

Thanks

suresh

[Former Member]

but diff amount will go in Price diff account. then how revaluation a/c will generate?