What is Valuation Class & it uses ?

[Former Member]

Hello SAPians,

Please expalin me, what is Valuation Class & what it is used for ?

Thanks in advance.

Regards

Rahul Chitte

[Lakshmipathi · Accepted solution]

Dear Rahul Chitte

The valuation class has the following functions:

=> Allows the stock values of materials of the same material type to be posted to different G/L accounts.

=> Allows the stock values of materials of different material types to be posted to the same G/L account.

=> Determines together with other factors the G/L accounts updated for a valuation-relevant transaction (such as a goods movement).

thanks

G. Lakshmipathi

[Former Member]

Hi Rahul,

Valuation class and valuation type are used in MM module -

Valuation class – materials of similar properties are grouped together as valuation class so that you do not have to maintain separate stock accounts for every material. The system refers to valuation class to find the relevant stock account for posting the stock value.

Valuation type – specifies the individual characteristic of a valuation category.

b) Procurement – internal or external

c) Origin – names of different countries where the material is being imported.

d) Status – new, used or repaired.

Valuation category – criterion according to which split valuation is carried out.

a) Procurement b) Origin c) Status

Split valuation – an option that lets you manage different stock accounts for a single material in a plant.

REWARD POINTS IF HELPFUL

Regards

Sai

[Former Member]

Hi Rahul,

Valuation class of material or (in case of split valuation) the valuation type

The valuation class allows you to define automatic account determination that is dependent on the material. for example: you post a goods receipt of a raw material to a different stock account than if the goods receipt were for trading goods, even though the user enters the same transaction for both materials.

You can achieve this by assigning different valuation classes to the materials and by assigning different G/L accounts to the posting transaction for every valuation class.

If you do not want to differentiate according to valuation classes you do not have to maintain a valuation class for a transaction.

regards

sadhu kishore

[Former Member]

Hi,

The valuation class has the following functions:

o Allows the stock values of materials of the same material type to be

posted to different G/L accounts.

o Allows the stock values of materials of different material types to

be posted to the same G/L account.

o Determines together with other factors the G/L accounts updated for

a valuation-relevant transaction (such as a goods movement).

Regards

Sandeep Kumar.D

[Former Member]

Hi,

Valuation class falls under MM functionality.

Valuation class refers to the assignment of a material to a group of G/L accounts.

The valuation class is one of the factors to determine the G/L accounts that are updated as a result of a valuation-relevant transaction or event such as a goods movement.

The valuation class is usec for:

1.Post the stock values of materials of the same material type to different G/L accounts

2.Post the stock values of materials of different material types to the same G/L account

Hope it helps.

Regards