Creation of plant

Hello,
Can u please let me know wat r the basic requirements for creating a plant?
can u create company code as valuation area and wat r its implications?
Thanks in advance.
Sachin

Hi
You can create new plant in Enterprise structure of IMG in defination-logistic general-define copy delete check plant.
Copy this from standard one like1000.
Valuation level:-
Once set, it is not possible to switch the valuation level from plant to company code, or vice versa. If absolutely necessary to subsequently change the valuation level, contact your SAP consultant because a data conversion is required.
Your choice of valuation level affects the following:
Maintenance of material master records
Depending on the valuation level chosen, accounting data (in particular the valuation price) is maintained for each plant or for each company code in the material master record.
G/L accounts in which material stocks are managed
If material stocks are valuated at company code level, all plant stocks of a material are managed in a joint stock account for each company code.
If material stocks are valuated at plant level, the material stocks for each plant can be managed in different accounts. You can define a separate account determination for each plant.
If several plants are to use account determination, you can group them together in Customizing for Valuation and Account Assignment in the section Account Determination .
G/L accounts to which transactions are posted in Materials Management
reward if it helps
rb

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    Production - Each plant having they own production/planning.
    Costing - In costing, valuation prices are defined only within a plant.
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    the G/L accounts to which transactions are posted in Materials Management
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    you define a valuation price for the material in each plant or in each company code
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    If material stocks are valuated at plant level, you can manage the material stocks for each plant in different accounts. For each plant, you can define a separate determination.
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    Syed Hussain.
    Edited by: Syed Hussain on Nov 5, 2008 5:03 PM

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