Material master

[Former Member]

Hi ,

I want to change the valuation class of my material

tell me the procedure please

Regards

Senthil

[Former Member · Accepted solution]

Hi Senthil,

To Change the Valuation class of the material,first of all you need to do following-

1.GR for full open quantity is done.

2.LIV is done for planned delivery cost as well as goods and services.

3.Full Vendor settlement is done both for Goods as well as delivery cost vendors.

4.All stocks are consumed and there is no stock balance.

Once the valuation class is changed, during G/L account determination it will determine the new G/L account instead of the old one.

In case you still want to have some posting on the basis of the previous G/L account, you need to do the same based on manual Journal Vouchers.

Hope this wud have answered ur question

Reward if useful

Aasif

[Former Member · Accepted solution]

Hi,

Thanks for the reply friends,

senthil

[Former Member]

hi

The following steps needs to be carried out to change the valuation class

If valuated stocks already exist, you can change the valuation class only as follows:

a) Post the stocks of the material to an interim account.

b) Change the valuation class in the material master record.

c) Post the stocks of the material back to their original account.

If open purchase orders already exist, you can only change the valuation class if you first flag the corresponding purchase order items for deletion.

If production orders exist for which a goods movement has already taken place, you can only change the valuation class if you first set the status of the production orders to Deleted.

vishal...