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valuation class

Former Member
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Hi all,

1)How do we control the use of selected valuation classes per material type?

2). What does an account group determine?

thanks & regards

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
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Hi,

valuation class, is link between MM and FI and it is used to hit the correct G/L account

Account group is used to determine

1.The interval for the account numbers

2Whether the number is assigned internally by the system or externally by the user (type of number assignment)

3Whether it is a one-time account

4Which fields are ready for input or must be filled when creating and changing master records (field status)

Hope it wud have answered ur question

Reward if useful

Aasif

Answers (2)

Answers (2)

Former Member
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In automatic account determination,Account Group is linked to Material type,Then Valuation class is linked to Account Group,

So based on above logic you can control Valuation class per material type

MCM

Former Member
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(1). By selected valuation classes, we can determine which a/c need to be updated at for every goods movements.

(2).Account grp detaer mines, what kind of material type. In Finshed Goods itself we may have variety of finished Goods all these FG comes under one A.c group.

Cheers!

***(RIU)