SPRO_MM_Valuation and account assignment_account determination_account determinatoin W/O wizard_Define valuation class
Define Valuation Classes
In this step, you define which valuation classes are allowed for a
material type.
If a user creates a material, he must enter the material's valuation
class in the accounting data. The R/3 System uses your default settings
to check whether the valuation class is allowed for the material type.
The valuation class is a group of materials with the same account
determination. If a transaction is to be posted to different accounts
depending on the valuation class, create an account determination for
each valuation class in the step Create automatic postings.
The valuation classes allowed depend on the material type. Several
valuation classes are generally allowed for one material type. A
valuation class can also be allowed for several material types.
The link between the valuation classes and the material types is set up
via the account category reference.
The account category reference is a combination of valuation classes.
Precisely one account category reference is assigned to a material type.
Example
Requirements
o You must have defined your material types.
o You must have defined the chart of accounts.
o You must have agreed with Financial Accounting which materials are
assigned to which accounts.
Default settings
In the standard SAP R/3 System, an account category reference is created
for each material type. The account category reference is, in turn,
assigned to precisely one valuation class. This means that each material
type has its own valuation class.
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