You are required to valuate open items as part of the adjusting process before preparing your financial statements. In Slovakia, you valuate any documents relating to the same business transaction together (for example, if you have an invoice and a credit memo relating to the same purchase).

You create two valuation methods in Customizing for Financial Accounting (FI), by choosing General Ledger Accounting ® Business Transactions ® Closing ® Valuating ® Foreign Currency Valuation ® Define Valuation Methods.

Create one valuation method for documents that belong together, and one for valuating individual line items. For documents that belong together, select:

• Always Valuate
• Post Per Line Item

In order to tell which documents belong together, the system uses the information in the Invoice Reference field.

For individual line items, select:

• Always Valuate
• Post Per Line Item
• Balance Valuation

You valuate the open items at the end of the period. First, you valuate the documents that belong together, using the valuation method that you have defined. Then you valuate all the remaining open items, again, using the valuation method that you have defined.

SAP Note 398936