What are valuation area, valuation category and valuation class?

Answer Posted / zenyena

Valuation area refers to the location where the material
valuation happens( i.e the area where the MRP for the
material is set) .This location is most commonly at the
plant level.The MRP so set is then consolidated at compamny
level for inventory managament.

Is This Answer Correct ?    2 Yes 7 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is an indirectly created purchase requisition?

812


Where does moving average price is used in sap mm? Is it used in po or pir or contract?

654


What is a blanket po? In which business scenario you will recommend to use blanket po?

691


How did different versions of sap evolve?

676


How do you change characteristic?

824






How is stock transfer from one storage location to another done?

631


What is the procedure to delete materials permanently from material master?

682


Define time-phased planning.

833


How to create tax calculation procedure in mm?

677


Name some of the data points provided by purchasing for the materials.

670


What are the levels at which a batch number can be configured?

778


How does this impact an it user?

795


Give some example of master data in material management (mm).

696


Explain mrp type

767


What is forecasting in sap system?

704