valuation class

Materials Management (MM)

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