Professional Documents
Culture Documents
Account category reference is the link between the valuation classes and
the material types. The account category reference is a combination of
valuation classes.
Based on requirement, business can have one material type, one account
category reference and one valuation class by assigning material type to account
category reference and then assigning account category reference to valuation
class. For example business can have one custom material type ZROM (Raw
Material) with custom account category reference (Z001) and new valuation
class (3005) for Raw Material(Raw material - inventory managed with quantity
and value)
During material creation with transaction code: MM01 with certain
material type manually or by any uploading tool, only one permitted valuation
class is defaulted for that material type by account category reference. So in
material creation process no chance of making any mistakes by users or by any
uploading tool.
Business can go for designing a custom transaction code where material can be
created through uploading file which can be verified by central material creation
officer.