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Component: SRD-MD-PRD
Component Name: FDN-Product Master
Description: The current stage in the life cycle of a product for the valuation process of a particular company.
Key Concepts: Valuation status is a field in the SAP Product Master that indicates the current value of a product. It is used to determine the cost of goods sold (COGS) and the inventory value of a product. The valuation status can be set to either “valuated” or “non-valuated”. When set to “valuated”, the product is included in the COGS calculation and its inventory value is taken into account. When set to “non-valuated”, the product is excluded from the COGS calculation and its inventory value is not taken into account. How to use it: The valuation status of a product can be changed in the SAP Product Master. To do this, open the Product Master and select the “Valuation Status” field. Here, you can select either “valuated” or “non-valuated”. Once you have made your selection, click “Save” to save your changes. Tips & Tricks: It is important to remember that changing the valuation status of a product will affect its COGS calculation and inventory value. Therefore, it is important to consider how changing the valuation status will affect your business before making any changes. Related Information: For more information on how to use the valuation status field in SAP Product Master, please refer to SAP Help documentation or contact your local SAP support team.