Material valuation assesses quantitative movements within the materials management cycle, recording these movements as financial entries whenever stock levels fluctuate. A preview of entries can be generated without affecting the financial accounting. The establishment of an unfinished products inventory is also possible, as well as the valuation of manufacturing costs. If valuation prices are not available when a quantity is entered, then a revaluation is implemented through the material valuation once the price becomes available. Material costs determined by material valuation are then transferred to cost accounting.
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