Sap r/3 material master record

1. Accounting --- SAP system administrator defines centrally in CustomizingEnterprise Structure(In define valuation level) whether the accounting data for a material is managed at company code level or plant level. When you create accounting data, you must therefore enter either a company code or a plant

The most important information is that the valuation type, you can manage different stocks separately and therefore valuate them differently. so for the statistic purpose, you shoshould assign the valuation type, and input moving average price & STAND price.

2. Basic data ----

The material status ----- tells you whether a material is subject to restrictions, and what they are.

Material group is the most important category in that field.Classes allow you to classify materials with the same characteristics. A material can be assigned to one or more classes. classification data is valid for the whole company

How can we do that? There are 2 way to implement that purpose:
1> fromClassificationScreen in the material master
2> by includingCharacteristicsSubscreen on a data screen in the material master