I want to change the valuation class of my material
tell me the procedure please
Aasif Khan replied
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