Your company wants to refurbish spare parts. The project team determines that, in addition to the settings in Plant Maintenance (PM), specific settings in materials management (MM) are required to carry out this process. For this reason, you require the following knowledge:
The types of data for a valuation type are as follows:
Valuation data (including valuation price, total stock, and total stock value) is defined for each valuation type in the valuation area, and applies to all associated storage locations.
Stock data is managed as per storage location, like batch data. If material with split valuation is handled in batches, then a valuation type is assigned to each batch.
The stock quantity, stock value, and valuation price for all the valuation types are accumulated at the valuation area level. This accumulation results in the moving average price (MAP) for the material.
Condition-Based Material Valuation
If a material uses split valuation, this material is managed in various partial stocks. Each partial stock is valuated separately.
Each valuation-relevant operation, whether it is a goods receipt (GR), goods issue (GI), or inventory, is executed at the partial-stock level. While processing one of these operations, you must specify which partial stock is affected. This ensures that only the value of the partial stock in the operation can be changed. The other partial stocks remain unaffected.
The overall stock gets updated along with the partial stocks. The value of the overall stock is calculated from the sum of the stock values and the stock quantities of the individual partial stocks.