Logistics & Supply Chain
What is Valuation Class?
A material master field grouping materials with the same GL accounts for inventory postings.
Allowed valuation classes depend on material type through the account category reference. The class drives the stock account in account determination. Wrong classes post inventory to wrong balance sheet accounts.
Related terms
Account Determination
Configuration that automatically derives GL accounts for postings from logistics transactions.
Material Type
A key, such as FERT finished goods or ROH raw material, that controls material master views, numbering, and valuation.
Material Master
Master data describing a material, organized into views such as basic data, sales, purchasing, MRP, and accounting.
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