If you choose Material ® Create (special) instead of Material ® Create (general), you have to assign the material to a material type automatically, such as HALB for semifinished products or FERT for finished products.
For more information, see
Determining the Material Type and Standard Material Types.Materials are always linked to a plant.
Under Division, you assign the material to a business area.
The valuation class enables you to assign the material to various G/L accounts.
The price control indicator determines whether material movements are valuated with the standard price or with a moving average price.
Set this indicator if you usually cost a material using material costing with a quantity structure (BOM and routing).
Do not set this indicator if you always cost a material using material costing without a quantity structure (that is, with a manually-created quantity structure).
The origin group allows you to separate materials whose costs are updated under the same cost element.
If this indicator is set, the material number will also be written to the cost element.
The costing lot size is used as the base quantity for costing if you do not enter a lot size when costing.
The overhead group assigns the material to an overhead key. You can enter a percentage for each overhead key in the costing sheet.
The variance key contains control parameters for the variance calculation.
You define whether the material status allows costing in Customizing for Logistics General or for Product Cost Planning.
See also:
Creating Material Master Records