Valuated Stock: Refers to the stock of a material owned by a firm that is part
of its current assets. The valuated stock of a material at a plant is the sum of the
unrestricted-use stock, the stock in quality inspection, and the stock-in-transfer.
Valuation Area: In MM, this is an organizational unit in Logistics, subdividing
an enterprise for the purpose of uniform and complete valuation of material
stocks.
Valuation Class: Assigning materials to a group of GL accounts, the ‘valuation
class’ determines the GL accounts that are updated as a result of a valuation-
relevant transaction or event such as a goods movement. The ...
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