What is Movement type, valuation Class, General
Modifier, Valuation Area?
Answers were Sorted based on User's Feedback
Answer / pratik pandey
MOVEMENT TYPE- When you enter a goods movement in the
system, you must enter a movement type to differentiate
between the various goods movements. A movement type is a
three-digit identification key for a goods movement.
Is This Answer Correct ? | 4 Yes | 2 No |
Answer / saroj
Movement Type: A movement type is a three-digit code that represents the type of goods movement that is performed in the system. Each movement type is used to update different types of transactions in the inventory and accounting systems. For example, movement type 101 represents a goods receipt, while movement type 261 represents a goods issue.
Valuation Class: A valuation class is a two-digit code that is used to group together materials with similar valuation characteristics. It is used to determine the G/L accounts that are updated during a goods movement, and is also used in the material master to define the valuation class for each material.
General Modifier: A general modifier is a two-character code that is used to provide additional information about a goods movement. It is used to define special processing requirements, such as batch management or quality inspection.
Valuation Area: A valuation area is a unit within an organization that is used to determine the accounting transactions that are performed for each material. It is used to define the company codes and plants that are associated with a particular valuation area.
Is This Answer Correct ? | 0 Yes | 0 No |
where your servers are located?
What is a group currency?
How do we create business transactions in Cash
Any can Explain about GL TO BE PROCESS IN SAP FI ? PLEASE RESPOND ASAP.
how validations and substitutions are useful?
1 question plz it is a bit urgent. When we are posting a transaction with service tax(say 12.5%)ok, Now say the total amount is rs.100,000 now my question is Here we have given 12.5% tax.Do we have to calculate Seperatelly the tax amount(100,000*12.5%) or it will Calculate on it's own. If so what is the procedure to make it calculate it Automatically. Plz reply soon
How to do dunning for vendor? What are the purposes of dunning for vendors?
If there is a balance on GR ; what we need to do ?
When I enter the VAT registration number in OBY6 - company code global data, I get the following error. Entry of a VAT reg.no.is only possible for co. codes in EC countries Message no. FC199. My co.code country is RO - Romania. Where do I mention that co.code country is EC country ? Awaiting your early reply friends Regards, Janardhan
How do you prevent the system from calculating the cost estimate for raw and packing material when you run a standard cost estimate for the finished goods?
What is the difference between LSMW, BDC & BAPI. Could you please explain in brief & how?
In APP >Bank determination > Ranking : 1st Rank=HDFC,2nd Rank = ICICI. For 15 days I have pick money from ICICI. Tell me How to do.