SAP Transaction OBV2: A Detailed Guide for SAP Users

Welcome to our tutorial on SAP transaction OBV2, an important transaction code used in SAP Materials Management (MM) module. In this tutorial, we will provide you with a step-by-step guide on how to effectively utilize OBV2 for managing valuation classes in your SAP system. Whether you are a beginner SAP user or an experienced consultant looking to refresh your knowledge, this tutorial will equip you with the necessary skills to navigate through OBV2 with ease.

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Now, let’s begin our tutorial on using SAP transaction OBV2.

What is SAP Transaction OBV2?

SAP Transaction OBV2 (Define Valuation Classes) is a key transaction code used in SAP MM to define valuation classes for materials. Valuation classes are used to group materials with similar characteristics for valuation purposes. With OBV2, you can seamlessly manage and customize valuation classes to ensure accurate material valuation and financial reporting.

Step 1: Accessing SAP Transaction OBV2

To start using OBV2, follow these steps:

1. Log in to your SAP system using your user ID and password.
2. Launch the SAP Easy Access Menu.
3. Navigate to the “Logistics” folder and expand it.
4. Locate and click on the “Materials Management” folder.
5. From the sub-menu, select “Valuation” and click on “Valuation Classes” to proceed to the OBV2 transaction.

Step 2: Understanding OBV2 Transaction Screen

Once you have accessed OBV2, you will encounter the OBV2 transaction screen, which consists of various fields and tabs. Let’s explore each of them:

• Valuation Classes Overview: This section displays the existing valuation classes in your SAP system. It provides an overview of the valuation class code, description, and other relevant details.
• Create/Change Valuation Classes: Here, you can create new valuation classes or modify existing ones. You can enter the valuation class code, description, and other relevant details.
• Accounting Integration: This tab allows you to configure accounting integration for valuation classes. You can define the general ledger (G/L) accounts and other financial settings for valuation class postings.
• Custom Fields: In this tab, you can find any additional custom fields specific to your organization’s requirements for valuation classes.
• Valuation Classes Attributes: This tab provides a comprehensive list of attributes that can be assigned to valuation classes. You can define attributes such as material type, material group, and plant assignment.

Step 3: Creating or Modifying Valuation Classes with OBV2

To create or modify valuation classes using OBV2, follow these steps:

1. Start by selecting the “Create/Change Valuation Classes” tab.
2. If you are creating a new valuation class, click on the “Create” button. If you are modifying an existing valuation class, select the desired class from the overview list and click on the “Change” button.
3. Enter the valuation class code and description in the respective fields.
4. Configure the accounting integration settings, such as the G/L accounts and financial settings, if necessary.
5. Assign attributes to the valuation class, such as material type, material group, or plant assignment, as required.
6. Once you have entered all the necessary information, click on the “Save” button to save the valuation class.

Congratulations! You have successfully created or modified a valuation class using SAP transaction OBV2.

Step 4: Exploring Additional Functionality

SAP transaction OBV2 offers various additional functionalities to streamline your material valuation processes. Here are some notable features you can leverage:

• Display Valuation Classes: Use OBV2 to display existing valuation classes by entering the valuation class code or other relevant criteria. This allows you to review and analyze the valuation settings for different materials.
• Copy Valuation Classes: OBV2 enables you to copy existing valuation classes and modify them to create new ones. This saves time and effort when setting up similar valuation classes for different materials.
• Deactivate Valuation Classes: If a valuation class is no longer needed, OBV2 allows you to deactivate it. This prevents the class from being used in new material valuations while preserving historical data.

Conclusion

In this tutorial, we have provided you with a comprehensive guide on using SAP transaction OBV2 in the SAP MM module. We covered the basics of OBV2, explained how to create or modify valuation classes, and explored additional functionalities. Continuous learning and practice are key to becoming proficient in SAP MM.

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