Which valuation class in SAP S/4HANA is typically used for raw materials?

The valuation class typically used for raw materials in SAP S/4HANA is 3000. This valuation class is specifically designed to reflect the characteristics and accounting treatment associated with raw materials. In a procurement context, raw materials are often treated as inventory items that have specific valuations, which are necessary for accurate cost accounting and financial reporting.

Valuation classes serve as a link between the material type and the general ledger accounts, determining how the inventory of raw materials is accounted for in financial statements. The assignment to valuation class 3000 signifies that the materials are part of the inventory and are to be valued according to their specific procurement costs, rather than being associated with finished goods or other inventory types.

Understanding the significance of the valuation class is essential for maintaining accurate accounting records and ensuring that the data flows correctly within the SAP system, allowing for effective tracking of costs associated with manufacturing and production processes.