Materials Cost Posting
At a glance
Material cost posting determines the consumption of raw, auxiliary and operational materials, and posts the inventory changes of semi-finished and finished products. Valuation ensures that objects are created for all costing and relevant production processes. These objects form the basis for posting costs.
Valuation is the central link between production and accounting. Different valuation methods are available to valuate production processes. A valuation method consists of a valuation type for the stock receipt and the stock issue.