General Valuation Code OBYC Grouping

What is valuation grouping code related to OBYC?   


Parop sahani
@Parop | Updated 03 Jan. 2019


 Valuation grouping code is used to group the valuation area, In SAP, we can have valuation level at Company code level or at the plant level. General practice is to use the valuation area at plant level, because valuation may differ from one plant to another. The valuation grouping code makes it easier to set automatic account determination.