Project Stock :
Based on the setting in the Project Definition, you specify for a Project whether a non valuated or a valuated project stock.
Non Valuated Stock :
Non Valuated Stock movements will not give any effect in the FI Point View as well as this does not cause actual costs for the activity.
Report : CN52N you can able to check
Valuated Stock :
Valuated Stock movements will have accounting effect in the FI point of veiw as will you can get the actual cost in CJI3 report.
Report MMBE you can able to check the Project Valuated Stock
Q) Is it Valuation of the Material Maintained at Project Level or Material Level ..?
Valuated stock is controlled at Project Level & not Material Level. The same you can configure at OPSA
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