How to Define Valuation Level

How to Define Valuation Level:

Path to follow:

Implementation Guide for R/3 Customizing (IMG) ® Enterprise Structure ® Definition ® Logistics general ® Define Valuation Level (OX14)

Concept:

Valuation level is defined to determine at which levels the stocks should be valuated. It can be either at Plant level or company code level

By the type valuation level is defined account data get updated for e.g. if the valuation level is plant level then account data at plant level get affected