Define Valuation Level

The valuation level is an important configuration step because it specifies the level at which material stocks are valuated for the whole client.

• Depending on the valuation level chosen, accounting data (in particular the valuation price) is maintained for each plant or for each company code in the material master record.
• If material stocks are valuated at company code level, all plant stocks of a material are managed in a joint stock account for each company code.
• If material stocks are valuated at plant level, the material stocks for each plant can be managed in different accounts. We can define a separate account determination for each plant

Menu Path: Implementation Guide for R/3 Customizing (IMG) -> Enterprise Structure -> Definition -> Logistics general -> Define Valuation Level


Transaction Code: OX14


Once set, it is not possible to switch the valuation level from plant to company code, or vice versa. If absolutely necessary to subsequently change the valuation level, contact your SAP consultant because a data conversion is required.


Step 1. Click at execute button execute


Step 2. Choose the appropriate valuation level as you business requirement


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