Updating Multiple Values in Financial Accounting 

Use

As described in Multiple Values for Material Stocks Using the Material Ledger, the material ledger stores multiple valuation approaches for all goods movements and materials usage. When you transfer, procure or use materials, you can also post multiple values in (classic or new) General Ledger Accounting as parallel values from the legal view, the group valuation view, or the profit center valuation view.

These additional values representing the three valuation views ‑‑ legal, group and profit center ‑‑ are stored in separate currency fields. The functions for storing multiple currencies has been enhanced to allow you to store multiple valuation views in General Ledger Accounting as well.

The following example of a cross-company sale is intended to show the effects these new functions having on posting logic.

 

In the above example, the goods movements are posting using the legal and group valuation approaches. Whereas from the legal view valuation differences may arise in the individual company codes, and even within plants, the cost of goods manufactured according to the group view are always 40.00 USD.

Note that receivables and payables are always represented from the legal view. This is because the payments that balance out these accounts are only stored from the legal view. Balances that arise on account of this are set off against valuation clearing accounts (referred to as “Non‑operating profit” in the example).

For more information about using multiple valuation approaches, see the following sections:

●     For classic General Ledger Accounting, see Transfer Prices in Classic General Ledger Accounting.

●     For New General Ledger Accounting, see Transfer Prices in New General Ledger Accounting

Integration

See Consistency of the Valuation Settings in Different Applications: Currency and Valuation Profile