Project stock where each material is managed on a quantity basis only, without being valuated directly in terms of money. Goods movements to individual stock are not valuated and do not give rise to postings in Financial Accounting. In general you calculate the value of the project stock in total at the period end by results analysis; the values are then transferred to Financial Accounting.

From the accounting point of view, working with valuated project stock offers the following advantages over working with non-valuated project stock:

• Compatibility with data in releases prior to 4.0A.
• All the actual production costs appear in the project because no price variances can occur and all external procurement follow-up costs are debited to the WBS element.
• You can use project resource-related billing and show the goods receipt as an expense to be billed.
• There are view line items relevant to billing because there are no CO documents for goods movements between project and production orders/networks.