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What is the difference between valuated Stock and Non
Valuated Stock?
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Answer Posted / mahendra
Valualed stocks are those which are valuated at your plant level
e.g. raw material, finished goods, etc. We have to assign a valuation class & respective G/L account to these materials.
Nonvaluated are those materials which are directly used for consumption which have very low value and are used in bulk like screws, pins, washers.
These materials are directly consumed to their respective cost centers.
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