Valuation & automatic account determination

Each material is valued per valuation area (normally the plant) with a price control: S standard price (variances go to price-difference accounts) or V moving average price (variances update the price where stock covers it).

• Finished and semi-finished goods normally use S; purchased materials often V (or S with Material Ledger).
• Valuation class (Accounting 1 view) links the material to G/L accounts; the account category reference restricts allowed classes per material type.
• MR21 changes price; MR22 debits/credits the stock value.

T-codes & apps

MM02 (Accounting 1)MR21MR22CKM3NOMSK

The Material Ledger is mandatory in S/4HANA for inventory valuation and supports multiple currencies and valuations in parallel. Actual costing (periodic actual price) is optional and activated separately.

• Inventory values are kept in up to three currencies per company code.
• CKM3N shows the material price analysis by period.
• Actual costing runs through the costing cockpit (CKMLCP) at period end.

T-codes & apps

CKM3NCKMLCPCKMLQS

Split valuation values partial stocks of one material separately — by origin (domestic/import), procurement type (in-house/external) or quality/batch. Each valuation type has its own price and accounting data.

• Activate split valuation globally, then define valuation categories and types (OMWC).
• The material's valuation category is set in Accounting 1; each valuation type gets its own accounting view.
• Goods movements must specify the valuation type (or batch, if batch = valuation type).

T-codes & apps

OMWCMM01MIGO

Goods movements and invoices find G/L accounts through transaction/event keys: chart of accounts + valuation grouping code + transaction key + account modifier + valuation class → G/L account.

• BSX inventory, WRX GR/IR clearing, PRD price differences, GBB offsetting entries (modifiers VBR, VAX, VAY, VNG, VQP, ZOB…), UMB revaluation, KDM exchange-rate differences, FRL/FR1 freight.
• Movement types link to keys via value string (OMWN, OMJJ).
• Simulate with MIGO 'Check' / OMWB simulation before go-live.

T-codes & apps

OBYCOMWBOMWDOMWN

Configuration

IMG › Materials Management › Valuation and Account Assignment › Account Determination › Account Determination Without Wizard

The GR/IR clearing account (key WRX) is credited at GR and debited at IR for the same PO item. Differences remain when quantities or prices differ or documents are missing; they must be analysed and cleared before period close.

• MR11 maintains GR/IR (writes off small differences, closes items).
• F.13 / F13E automatically clear matching items; F.19 / FAGLF101 regroups balances for the balance sheet.
• S/4HANA Fiori app 'Monitor GR/IR Account Reconciliation' supports analysis and responsibility assignment.

T-codes & apps

MR11MB5SF.13FAGLF101Fiori: Monitor GR/IR Account Reconciliation