The SAP R/3 System can use up to three of the following valuation approaches simultaneously:

• Legal valuation view

• Group valuation view

• Profit center valuation view

You assign valuation views for actual versions at controlling area level. One of the valuation views takes a leading role. The system saves this valuation view in version 000.

You can display one of the three possible valuation approaches in the cost flow report. The legal valuation view is set as the default setting. In the reconciliation reports 5AF1 and 5AF2 you can display the valuation in company code or group currency.

For reconciliation postings, the system transfers all cost flows to the FI component, in the three valuation views mentioned above.

So that the reconciliation ledger can update all valuation approaches as delta values, the following prerequisites must be met:

• You have entered a valuation profile in your controlling area.

• You have maintained an actual version for parallel valuation approaches.

• You have activated multiple valuation approaches/transfer prices in your controlling area.