Valuated Project Stock Project stock in which every material in stock is managed on a both a quantity basis and a value basis. The monetary value of each quantity of material is calculated separately. All goods movements for the make-to-order stock trigger corresponding postings in the stock accounts in Financial Accounting.
From the accounting point of view, working with valuated project stock offers the following advantages over working with non-valuated project stock:
All goods movements are immediately reflected in Financial Accounting.
Viewed from Financial Accounting, the value flow is the same as for make-to-stock production. The system automatically capitalizes stock-relevant costs for finished or semi-finished goods when the goods are actually received. Goods issue postings lead to corresponding reductions in stock.
Actual costs are complete at all production levels.
As goods issued from project stock lead to actual costs in the order, the system displays the complete actual costs in the order. Variance calculation is possible.
Materials managed in project stock are valuated separately
Materials that are kept in project stock are valuated separately.
Cross-company code material issues are possible, as are issues from orders for other projects.
Simple processes are available for inventory processing and stock revaluation.
Work in processing is calculated separately for production orders
Production orders for valuated individual stock are treated exactly the same as production orders for normal make-to-stock production, i.e. they are taken into account during results analysis for the project. To capitalize stockable costs from production orders, you may need to initiate a separate WIP calculation. This would not be necessary, for example, if all the costs in the production orders are shown as work in process in the reconciliation ledger and can be posted to Financial Accounting.
Funds tied up in stock are shown in the WBS elements as statistical actual costs.
Plan costs for material components managed as make-to-order stock are displayed in the production orders and management networks.
See Logistical Processing When Working with Project Stock and Constraints on Working with Valuated and Non-Valuated Project Stock
The materials used in goods movements are controlled by means of the price control indicator in the material master; valuation is the same as for valuated sales order stock.