Definition

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).

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.

In WP1, the valuation class depends on the type of material

Code

Description

Material type

Definition

Z100

CS Raw materials

ZMAT

Material not sold but used for the production of a finished product

Z110

CS Packaging

ZVER

Packaging.

Z130

CS Trading goods

ZMAT

Material purchased but not used in the production

Z140

CS Intermediates

ZMAT

Material produced but usually not be sold

Z150

CS Finished product

ZMAT

Material produced and can be sold

 

 

 

Decision tree


It is a general principle but local rules can replace it 

 

1 Comment

  1. It would be good to have the same for PF1 too.