1. SAP Glossary
  2. Invoice Verification
  3. valuation procedure


What is 'valuation procedure' in SAP MM-IV - Invoice Verification?


valuation procedure - Overview

  • Component: MM-IV

  • Component Name: Invoice Verification

  • Description: An option allowing stocks of materials to be valuated according to different principles. &EXAMPLE& LIFO valuation Valuation according to the lowest value principle


valuation procedure - Details


  • Key Concepts: Valuation procedure is a feature of the SAP MM-IV Invoice Verification component. It is used to determine the value of goods and services that are purchased from vendors. The valuation procedure is based on the price of the goods or services, as well as any discounts or surcharges that may apply. The valuation procedure also takes into account any taxes or duties that may be applicable.
    How to use it: The valuation procedure is used to determine the value of goods and services purchased from vendors. This is done by entering the price of the goods or services, as well as any discounts or surcharges that may apply. The valuation procedure also takes into account any taxes or duties that may be applicable. Once all of this information has been entered, the system will calculate the total value of the purchase.
    Tips & Tricks: When using the valuation procedure, it is important to ensure that all of the information entered is accurate and up-to-date. This will ensure that the system calculates the correct value for each purchase. Additionally, it is important to keep track of any changes in taxes or duties that may affect the value of a purchase.
    Related Information: The valuation procedure is part of SAP's Materials Management (MM) module. It is used in conjunction with other features such as pricing

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valuation procedure - Related SAP Terms

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