Definition: valuation class

Invoice Verification (MM-IV)

Assignment of a material to a group of G/L accounts

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

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Definition: valuation_class