Setting Up Split Valuation

Objective

After completing this lesson, you will be able to set up split valuation

Split Valuation Configuration

Valuation Category and Valuation Type

Watch the video below to learn about the meaning and purpose of split valuation, as well as what valuation categories and valuation types are.

Split Valuation Configuration

In the following interactive demos, we will configure the split valuation for the following example of a business case:

  • For certain materials, stock quantities should be valuated differently depending on the procurement type:

    • Materials procured externally are valuated at the moving average price.

    • Materials produced in-house are valuated at the standard price.

  • For certain other materials, stock quantities should be valuated differently depending on their condition:

    Both new and used materials are valuated according to the moving average price but at different prices.

First, search for split valuation in your configuration environment. This takes you to the Activate Split Valuation for Global Data configuration activity.  

This configuration activity allows you to:

  • Create a new valuation type
  • Assign a valuation type to a valuation category
  • Maintain the attributes of valuation categories and valuation types globally

Start the following interactive tutorial to learn how to create and maintain global split valuation data.

Now that we have the global settings in place, we need to activate them for specific valuation areas, in our example for the valuation area 1010.

Search for split valuation in your configuration environment. This takes you to the Activate Split Valuation for Valuation Area configuration activity.  

Start the following interactive tutorial to learn how to enable split valuation for valuation area 1010.

Activation of Split Valuation for a Material

To implement split valuation for a material after the configuration is complete, you must follow these steps:

  1. Enter a valuation category and select price control V (moving average price) in the valuation area-dependent accounting data for the material.

  2. Enter accounting data for the combination of valuation area and valuation type for all characteristics, that is, for all valuation types that you want to be possible for this material.

Start the following demo to learn how to activate split valuation for a semi-finished product (fork) that we want to valuate separately depending on the procurement type.

Now that you have learned how to configure split valuation and how to activate split valuation for a material, watch the following video to learn about the consequences when posting goods movements.

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