Data entered in this view determines the way that Accounting will be processed for this material. Data is supplied by your FI/CO team, and background customizing by your FI/CO consultant.

• Valuation class: depending on your system settings, but valuation class is in most times influenced by material type, so you will have a valuation class for finished goods, and another for trading goods. In our case valuation class, 7920 is SAP default class for finished goods. For HALB, this class is 7900 by default, and for ROH we can use 3000.
• Valuation Class for sales order stock: you can assign a valuation class for sales order stock to override the default valuation class defined in field 1 – Valuation Class. Not recommended.
• Price control: this indicated which type of internal price will be used for the material. It can be set to S – standard cost, or V moving average price (variable price). In most cases, S is used for finished goods while V is used for trading goods, but the settings depend on your SD/FI/CO teams preference.
• Moving price: you can populate this field if price control is set to V.
• Standard price: you can populate this field if price control is set to S. Your controlling team can use transactions for generating these prices based on the information contained in production orders, purchase orders, so that these prices don’t have to be entered manually for each material. We can also maintain Valuation Category field, which determines whether stocks of the material are valuated together or separately.