Non Valuated Stock

Written By mohan kumar

DEFINITION

  • Materials that are kept in inventory but don't have a value (they don't have a cost or value in the financial accounts)

  • Materials like samples, promotional items, or materials provided by a vendor on a consignment basis where ownership has not yet been transferred.

MASTER DATA

Create a material master record

  • Material type: UNBW (Non-valuated Material)

  • Accounting View: Valuation Class linked to non-valuated stock, without automatic posting to GL

  • Plant Data and Storage 1 TAB: No Valuation Checkbox

  • Price Control: Either S (standard price) or V (moving average price). Both are not relevant

  • Purchasing TAB: procurement type as F (External Procurement)

Plant and Storage Location

  • Allow for the management of non-valuated stock

  • Configure the relevant settings in the customization (SPRO) related to inventory management

TRANSACTION FLOW

Purchase Order

• A purchase order for non-valuated items is made, with K (consignment) as the item category.

Goods Receipt & Invoice

  • Movement type supports non-valuated stocks

    • 501 (Goods receipt without purchase order for non-valuated stock)

    • 561 (Initial stock entry for non-valuated stock)

  • Follows standard MIGO & MIRO process

REPORTING

  • List of Warehouse Stocks on Hand (MB52)

  • Stock Overview (MMBE)

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