Creating Valuation Classes and Account Category References

Objective

After completing this lesson, you will be able to create valuation classes and account category references

Material Type and Account Determination

You can define automatic account determination on a material-dependent or material type dependent basis.

If you have, for example, raw materials and trading goods as material types, you can post their materials to different stock accounts at the time of goods receipt. Another option is to post materials of the same material type to different stock accounts, based on whether the materials are manufactured or purchased.

Grouping of Materials

Valuation Classes

Material Type and Valuation Class

Grouping of Valuation Classes

Material Type and Account Category Reference

Realization: Example with Materials of the Same Material Type

Realization: Example with Materials of Different Material Types

Hint

You can minimize errors in account determination by only assigning one valuation class to an account category reference.

Create Valuation Classes and Account Category References