Define Material type

[#1]

Dear All,

thanking you for earlier Cooperation

I would like to know the definitions, uses and key parameters of the following : -

(1) Material Type

(2) Valuation Class

(3) Valuation categori

(4) Valuation Type

(5) Account category

[Former Member · Accepted solution]

Hi,

Material types:-

http://help.sap.com/erp2005_ehp_03/helpdata/EN/ff/515afd49d811d182b80000e829fbfe/frameset.htm

Valuation Class:-

Valuation class is means for which different G/l account is attached.

you have to mention valuation aclass in material master.

so when you receive material the the G/L account assigned to it will be updated.

Valuation Category:-

Determines whether stocks of the material are valuated together or separately

In the case of split valuation, this indicator also determines which valuation types are allowed, that is, the criteria by which stocks can be valuated.

Invoice Verification (MM-IV)

An option that lets you manage stocks of a single material in a plant in different stock accounts in terms of value. You can valuate different stocks of the same material separately.

Example

Some stocks of a material can be procured externally. Others are produced internally. Using split valuation, you can assign your "bought-out" stocks and your "made-in" stocks to different accounts and valuate the "bought-out" stocks at different prices to the "made-in" stocks. Such stocks can be subject to different price controls.

Valuation type:-

Invoice Verification (MM-IV)

An subdivision of a valuation category in split valuation.

Example

An enterprise manages its stocks of a material using the valuation category "Quality", comprising the following valuation types:

High quality

Average quality

Inferior quality

Regards,

Archit

[Former Member]

Hi,

(1)Material Type

Materials with the same basic attributes are grouped together and assigned to a material type.

(2) Valuation Class

Assignment of a material to a group of G/L accounts

Along with other factors, the valuation class determines 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 makes it possible to:

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

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

(3) Valuation category

Criterion for the separate valuation of different stocks of a material managed under a single material number.

(4) Valuation Type

Subdivision of a valuation category in split valuation.

(5) Account category reference

Key indicating whether an item is to be assigned to an auxiliary account (such as a cost center). The account assignment category determines which account assignment data (e.g. cost center, account number, etc.) is required for the item.

Regards

Ravi shankar

[pankaj_singh9]

Hi,

(1) Material Type: - Create in OMS2

(2) Valuation Class: - Create in OMSK

(3) Valuation category: - Create in OMWC

(4) Valuation Type: - Create in OMWC

(5) Account category: - Create in OMSK