How to use OKG3 - Customizing Valuation Methods

SAP Transaction Code - Details

• Transaction Code: OKG3

  Description: Customizing Valuation Methods

  Release: S/4HANA and ECC 6

• • Program:

    Screen: 0

    Authorization Object:

  • Development Package: KK0E

    Package Description: Customizing for CO-PC Results Analysis and WIP Calculation

    Parent Package: APPL

  • Module/Component: CO-PC-OBJ

    Description: Cost Object Controlling

Smart SAP Assistant

• SAP Tcode: OKG3 - Customizing Valuation Methods

  
  Overview:
  The SAP transaction code OKG3 is used to customize the valuation methods for materials in the SAP system. This transaction code allows users to define the valuation methods for each material, which can be used to determine the value of the material in different scenarios. 
  
  Functionality: 
  OKG3 enables users to customize the valuation methods for materials in the SAP system. This includes setting up different valuation methods for each material, such as standard cost, moving average price, and FIFO. The valuation methods can be used to determine the value of a material in different scenarios, such as when it is sold or when it is used in production. 
  
  Step-by-step How to Use: 
  1. Enter transaction code OKG3 in the command field. 
  2. Select the material for which you want to customize the valuation method. 
  3. Select the valuation method you want to use for the material (e.g., standard cost, moving average price, FIFO). 
  4. Enter any additional information required for the valuation method (e.g., cost center, account assignment category). 
  5. Save your changes. 
  
  Other Recommendations: 
  It is important to note that OKG3 should only be used by experienced users who understand how to customize valuation methods in SAP. Additionally, it is important to ensure that all changes made using OKG3 are properly tested before they are implemented in a live environment.