What is valuation in SAP LO-VC - Variant Configuration?

SAP Term: valuation

• Component: LO-VC

• Component Name: Variant Configuration

• Description: .

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• Key Concepts: 
  Valuation is a process in SAP LO-VC Variant Configuration that determines the value of a product or service. It is used to calculate the cost of a product or service based on its characteristics and components. Valuation can be used to determine the price of a product or service, as well as to calculate taxes and other fees associated with it. 
  
  How to use it: 
  Valuation in SAP LO-VC Variant Configuration is used to determine the value of a product or service. It is done by taking into account the characteristics and components of the product or service. The valuation process can be used to calculate the price of a product or service, as well as to calculate taxes and other fees associated with it. 
  
  Tips & Tricks: 
  When using valuation in SAP LO-VC Variant Configuration, it is important to consider all relevant factors when calculating the value of a product or service. This includes taking into account the characteristics and components of the product or service, as well as any taxes and fees associated with it. Additionally, it is important to ensure that all calculations are accurate and up-to-date. 
  
  Related Information: 
  Valuation in SAP LO-VC Variant Configuration is related to pricing, taxes, and other fees associated with a product or service. Additionally, it is related to other processes such as inventory management and cost accounting.