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What is Valuation Class ? What is the impact of Valuation Class on Balance Sheet ?

Answer Posted / siva

Valuation class is class a vlaue of material maintain for
one material type. For making of blanec sheet very material
is evaluated price wise. That price shoulbe come from
valuation class. i.e Material type is linked with valuatin
class, valuation class is linked with account modified.
Valuation classs, account modified is linked G/L accounts.
G/L accounts are in Chart of account.

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