What is purchasing value key in SAP (MM-PUR - Purchasing)?

SAP Term: purchasing value key

• Component: MM-PUR

• Component Name: Purchasing

• Description: A key defining the valid reminder days and tolerance limits applicable to this material for the purchasing department. The purchasing value key serves as a data entry aid.

Smart SAP Assistant

• Key Concepts: 
  Purchasing Value Key is a feature in SAP MM-PUR Purchasing that allows users to assign a value to a certain purchasing document. This value is used to determine the priority of the document when it is processed. The higher the value, the higher the priority. 
  
  How to use it: 
  To use the Purchasing Value Key, users must first assign a value to the document. This can be done by selecting the “Value” field in the document header and entering a numerical value. The value can range from 0-999, with 0 being the lowest priority and 999 being the highest. Once the value has been assigned, it will be used to determine the priority of the document when it is processed. 
  
  Tips & Tricks: 
  When assigning values to documents, it is important to consider how important each document is and assign an appropriate value accordingly. For example, if a document is urgent and needs to be processed quickly, it should be given a higher value than documents that are not as important. 
  
  Related Information: 
  For more information on using Purchasing Value Key in SAP MM-PUR Purchasing, please refer to SAP Help documentation or contact your system administrator.