Answer / ash1640

valuation area: organisational level at which Material
valuation is carried out
Valuation area = company code
valuation area = Plant

Valuation category: Criterion according to which split
valuation is carried out.
based on
procurement
origin
Status

valuation class: Material with same account determination
or
grouping different material with same properties into one
valuation class,so tht you don't have to manage a seperate
stock account for every material

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