is there a relationship between valuation class and goods movement?
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Relationship between Valuation class and goods movement
1. It allows the stock values of materials of the same material type to be posted to different G/L accounts.
2.It allows the stock values of materials of different material types to be posted to the same G/L account.
3.It determines together with other factors the G/L accounts updated for a valuation-relevant transaction (such as a goods movement).
If you are expecting the ans functionally i hope the above notes from SAP will helps for you.Thanks.
There is relationship for valuation class & material movement, which is defined in OBYC. Here you define each valuation class & material movements allowed for the same. e.g. If a material is valuated as Raw material Domestic, you will not be able to import it. Also a raw material can't be inwarded from a subcontractor PO