What is value type in SAP PP - Production Planning and Control?

SAP Term: value type

• Component: PP

• Component Name: Production Planning and Control

• Description: A type that specifies into which standard value in the operation the method result from a CA standard value calculation is transferred. If the results of several method calculations are transferred to the same standard value, they are added.

Smart SAP Assistant

• Key Concepts: 
  Value type is a feature in SAP Production Planning and Control (PP) that allows users to assign a value to a material or resource. This value can be used to calculate the cost of production, as well as to track the value of the material or resource over time. 
  
  How to use it: 
  Value types are assigned to materials and resources in the PP module. To assign a value type, go to the “Material Master” view in PP and select the “Value Types” tab. From there, you can select the appropriate value type for each material or resource. 
  
  Tips & Tricks: 
  When assigning value types, it is important to consider how the values will be used in production planning and cost calculations. For example, if you are using a value type to track the cost of a material over time, you may want to select a value type that is updated regularly. 
  
  Related Information: 
  For more information on value types in SAP PP, please refer to the SAP Help documentation. Additionally, there are many online resources available that provide detailed tutorials on how to use value types in SAP PP.