In FI-MM integration we assign the Valuation modifier, and valuation class and

In FI-MM integration we assign the Valuation modifier, and
valuation class and G/L Account?

from where and how the values of stock will come and post gl
account. what is the job of the valuation class..and
movement type ... where we give the movement type..
valuation modifier means valuation area group code, where we
will give this indicator..

Question Posted / durga prasad

1 Answers
19009 Views
I also Faced
E-Mail Answers

In FI-MM integration we assign the Valuation modifier, and valuation class and G/L Account? from..

Answer / anil

In T code OBYC we will assign all the things. ie.,
valuation grouping code, valuation calss, General Modifier,
Gl Account no.

This valuation class is maintained in the material master.

We can assign different "Material types" to "one GL
account" and / or Different "GL accounts" to one "Material
Type" with the help of Valuation class.

Values of stock are changed in accordance to the
transaction and its GL account in OBYC. Material unit
price is maintained in Material master. When CO and PC are
activated, the cost of the material is updated from cost
estimate that is assigned in the material master under
controlling tab.

Movement types are assigned by SAP system to diferent
different transactions (EX: migo, Miro, MB1B)

Is This Answer Correct ?

24 Yes

2 No

Post New Answer

More SAP FI-CO (Financial Accounting & Controlling) Interview Questions

What variances do you come across in invoice verification? : fi- accounts payable

0 Answers

How do we create business transactions in Cash

0 Answers

Where are payment terms for vendor master maintained?

0 Answers

What items are required in a financial statement version? : fi- general ledger accounting

0 Answers

How do you configure the assignment of variances from product costing to copa module?

0 Answers

How do u create the asset exp.I purchase 5 lands. Now I want to post 1 land with 1 account determination and 4 land with 1 account determination. how would you customize this settings in asset accounting?

2 Answers iGate,

pls send me the cofigurtion of withholding tax bec i do not have kowladge fo configuration.pls send me brifly.

0 Answers Finolex,

What is a house bank? : fi- accounts receivable

0 Answers

Why we do document splitting ????

1 Answers

foreign currency revaluation why it is required ?

4 Answers

Why do we create profit centers? What are the key components of profit center? : cost center accounting

0 Answers

Name any 5 CO tables and How do CO Consultants use the CO tables and other tables?

0 Answers

For more SAP FI-CO (Financial Accounting & Controlling) Interview Questions Click Here