An organizational unit in Accounting that reflects a management-oriented structure of the organization for the purpose of internal control. Operating results for profit centers can be analyzed using either the cost of sales approach or the period accounting approach. By analyzing the fixed capital as well, you can expand your profit centers for use as investment centers.
Profit Center Key that uniquely identifies the profit center in the current controlling area.
Valuation Category Determines whether stocks of the material are valuated together or separately. Dependencies :In the case of split valuation , this indicator also determines which valuation types are allowed, that is, the criteria by which stocks can be valuated.
Valuation type Invoice Verification (MM-IV) A subdivision of a valuation category in split valuation. Example : An enterprise manages its stocks of a material using the valuation category “Quality”, comprising the following
Valuation types: High quality, Average quality, Inferior
Number that identifies the material as a hazardous material or as dangerous goods and assigns hazardous material data or dangerous goods data to it. Use: The hazardous material number indicates that the material is dangerous, making special precautions necessary for its storage and shipment.
Valuation Class Assignment of a material to a group of G/L accounts
With other factors, the valuation class determines the G/L accounts that are updated as a result of a valuation-relevant transaction or event such as a goods movement.
The valuation class makes it possible to: 1), Post the stock values of materials of the same material type to different G/L accounts 2), Post the stock values of materials of different material types to the same G/L account
Default value for the valuation class for valuated stocks of this material.
Use: The valuation class has the following functions: 1), Allows the stock values of materials of the same material type to be posted to different G/L accounts 2), Allows the stock values of materials of different material types to be posted to the same G/L account. 3), Determines together with other factors the G/L accounts updated for a valuation-relevant transaction (such as a goods movement
SAP Advanced Planning and Optimization (SAP APO)SAP Advanced Planning and Optimization (SAP APO) is the planning component that, together with SAP Event Management (SAP EM) 4.0 and SAP Inventory Collaboration Hub (SAP ICH) 4.0, makes up […]
Material Ledger Closing in SAP Quick reviewMaterial Ledger Closing: Movements for a material that is valuated with the material ledger are always carried out using the valuation price. If the price control indicator in the material […]