Logistics & Supply Chain
What is Valuation Area?
The organizational level at which material stock is valued, normally the plant in modern SAP configurations.
Price control and valuation price are maintained per valuation area in the material master accounting view. Moving stock between valuation areas creates accounting entries. It links logistics to FI.
Related terms
Plant
A logistics organizational unit, such as a factory or distribution center, where materials are produced, stored, or procured.
Price Control
A material master setting that determines whether stock is valued at standard price (S) or moving average price (V).
Material Master
Master data describing a material, organized into views such as basic data, sales, purchasing, MRP, and accounting.
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