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titleDefinition

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).
Warning

The valuation class cannot be easily changed if the material code has inventory and open orders associated with it. If the valuation class needs be changed after inventory movements then an UR needs to be raised.

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titleWP1

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Valuation class WP1
Valuation class WP1

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titlePF1

 

 

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