Valuation Class and G/L account

Hi.,
If i am trying to view the G/L accounts assigned to each valuation class, which Table should i be looking under. Or should it be under a T-Code??
Tx
Mahesh

Manish.,
OMWB gives me a list segregated as per the Valuation area , of the Valuation classes which are displayed after configuration.
Now as i browse ,say in BSX, when i need to add a valuation modifier and a valuation class to a GL account, how can i see the GL account assigned to that valuation class.
I understand that the assignment are done in OBYC.
When i go to assign the valaution modifier and valuation class to a GL account, i see the whole list of GL accounts which are there in the system. 
But if i need to see the default settings for a valuation class vs GL account, where do i look?
Or do i have to ask the FI team for the G/L account which has been assigned to that particular Valuation class.???
Tx
Mahesh

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    Edited by: mahesh A on Jun 8, 2011 8:17 AM
    Note : Please search forum before posting,follow forum rules.
    Edited by: Jeyakanthan A on Jun 8, 2011 11:54 AM

    Please check these answered links:
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    Dear,
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  • How to setup new valuation class and link it with gl a/c

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    Hi Iqbal,
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  • Material Groups and assocaited valuation class and cost element.

    Hi  Gurus
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    I can see in the config the material group and associated valuation class is for Items without a materisl master,  however where is the cost element derived,  as I cannot see this data anywhere. 
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  • Relation between Valuation Classes and material type

    Dear all,
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    Nitin,
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  • Valuation Class mapping to GL account

    Hi - This is my first time using this forum.
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  • Change  GL account for valuation classes

    This is vasanth . my client has different 5 plants  . he wants to change gl account for valuation class.because the reason is  (rawmaterial of steel&cement is being stored in spares and stores). The g/l account is 23010001 . This gl account has been assingned 13 valuation class . the valuation classes for steels&cement r 3040.3080  and 3090.
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    Thank u raj,
    as per u 1:1 relation of valuation class and g/l account 203010001 ok. but gl account 203010001 has beeen assigned to 13 valuation class .13 valuation class has more than 500 material masters. but that valuation class 3040,3070,3080 r relates to the steels as well as cement. present my client using the 20301001g/l account for all spares aswell as stells and cement. i am sending my client require ment.
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    Actual Consumption
    CWIP A/C Dr.     (With WBS element)
    Project Stock Dr. (with WBS element)
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    Project Stock Dr. (without any WBS element) instead of Stores & Spares Indigenous
    GR/IR Project Stock.
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    Project Stock Dr. (with WBS element)
    Project Stock (without any WBS element)
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  • G/L Accounts - Valuation Class

    Hi Experts,
    How to assign G/L Accounts to Valuation Class  and also to material group...
    Which is the best industry practice....

    Hi
    Assigning account to valuation class differs for various processes.
    In OBYC select BSX, select rules and select debit,credit, valuation class and enter the valuation class and the corresponding account (created as a balance sheet item) .This is for Inventory posting.
    Similarly u have to assign account to all keys like VBO ,WRX, etc
    The rule here depends on the client business needs. For ex: if the client wants the consump[tion account to go to diff accounts based on the material type or the plant then the rule should include the valuation class and the valuation modifier and if clients says that all consumption accounts to one G/L then no need of above selection for the rules of the account key.
    Also to identify the rules normally we have to see the balance sheet of the client and decide the rules accordingly. If their balance sheet has diff consumption accounts based on the material types then select the rules accordingly.
    Read the below to have more idea on account assignment:
    The following list shows the individual transactions with examples of how they are used. The transaction/event key is specified in brackets.
    Change in stock (BSV)
    Changes in stocks are posted in Inventory Management at the time goods receipts are recorded or subsequent adjustments made with regard to subcontract orders.
    If the account assigned here is defined as a cost element, you must specify a preliminary account assignment for the account in the table of automatic account assignment specification (Customizing for Controlling) in order to be able to post goods receipts against subcontract orders. In the standard system, cost center SC-1 is defined for this purpose.
    Stock posting (BSX)
    This transaction is used for all postings to stock accounts. Such postings are effected, for example:
    In inventory management in the case of goods receipts to own stock and goods issues from own stock
    In invoice verification, if price differences occur in connection with incoming invoices for materials valuated at moving average price and there is adequate stock coverage
    In order settlement, if the order is assigned to a material with moving average price and the actual costs at the time of settlement vary from the actual costs at the time of goods receipt
    Because this transaction is dependent on the valuation class, it is possible to manage materials with different valuation classes in separate stock accounts.
    Caution
    Take care to ensure that:
    A stock account is not used for any transaction other than BSX
    Postings are not made to the account manually
    The account is not changed in the productive system before all stock has been booked out of it
    Otherwise differences would arise between the total stock value of the material master records and the balance on the stock account.
    Account determination of valuated sales order stock and project stock
    Note that for valuated sales order stock and project stock (special stock E and Q) and for the transaction/event keys BSX and GBB, you must maintain an account determination to avoid receiving warning messages when entering data (purchase order or transfer posting) for valuated stock.
    During data entry, the system attempts to execute a provisional account determination for GBB for valuated stock. The system will only replace the provisional account determination for GBB with the correct account determination for the stock account (BSX), in the background, if you enter the data for valuated stock at a later point in time.
    Small differences, Materials Management (DIF)
    This transaction is used in Invoice Verification if you define a tolerance for minor differences and the balance of an invoice does not exceed the tolerance.
    Freight clearing (FR1), provision for freight charges (FR2), customs duty clearing (FR3), provision for customs duty (FR4)
    These transactions are used to post delivery costs (incidental procurement costs) in the case of goods receipts against purchase orders and incoming invoices. Which transaction is used for which delivery costs depends on the condition types defined in the purchase order.
    You can also enter your own transactions for delivery costs in condition types.
    External service (FRL)
    The transaction is used for goods and invoice receipts in connection with subcontract orders.
    If the account assigned here is defined as a cost element, you must specify a preliminary account assignment for the account in the table of automatic account assignment specification (Customizing for Controlling) in order to be able to post goods receipts against subcontract orders. In the standard system, cost center SC-1 is defined for this purpose.
    External service, delivery costs (FRN)
    This transaction is used for delivery costs (incidental costs of procurement) in connection with subcontract orders.
    If the account assigned here is defined as a cost element, you must specify a preliminary account assignment for the account in the table of automatic account assignment specification (Customizing for Controlling) in order to be able to post goods receipts against subcontract orders. In the standard system, cost center SC-1 is defined for this purpose.
    Offsetting entry for stock posting (GBB)
    Offsetting entries for stock postings are used in Inventory Management. They are dependent on the account grouping to which each movement type is assigned. The following account groupings are defined in the standard system:
    AUA: for order settlement
    AUF: for goods receipts for orders (without account assignment)
    and for order settlement if AUA is not maintained
    AUI: Subsequent adjustment of actual price from cost center directly
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    BSA: for initial entry of stock balances
    INV: for expenditure/income from inventory differences
    VAX: for goods issues for sales orders without
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    VAY: for goods issues for sales orders with
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    VBO: for consumption from stock of material provided to vendor
    VBR: for internal goods issues (for example, for cost center)
    VKA: for sales order account assignment
    (for example, for individual purchase order)
    VKP: for project account assignment (for example, for individual PO)
    VNG: for scrapping/destruction
    VQP: for sample withdrawals without account assignment
    VQY: for sample withdrawals with account assignment
    ZOB: for goods receipts without purchase orders (mvt type 501)
    ZOF: for goods receipts without production orders
    (mvt types 521 and 531)
    Thx
    Raja

  • Valuation Class - Transaction

    Hi
    I want to know clear about link
    Valuation Class - Transaction - Movement Type - Account
    Could you please explain me about that.
    Thanks and Best Regards,

    Hi,
    Movement Type
    Transaction key
    Valuation class
    G/L account
    1. Transaction/event key is linked with movement type in T code OMWN.
    2. Valuation class and G/L account are linked in OBYC.
    when you post any goods movement ,say,Post goods receipt with ref to Purchase order.first system look for valuation class in accounting view (material master).Based on this,system searches for G/L account in OBYC.Now,I know movement type is 101,system look for transaction event key (BSX in case of 101 ) in OMWN to post the accountings.Hence,Account postings at the time of GR wud be
    Stock account Dr -Transaction key BSX
    GR/IR account Cr-Transaction key WRX
    Hope it clarifies your doubts...
    Please revert if you stil have further query.
    Regards,
    Vineet

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