Loan data extracted from the operative valuation area is also subjected to a validation check. However here it checks if planned records exist for the positions to be transferred on the key date of the initialization.

The position values determined are extracted from the operative valuation area and written to the database table TRLT_INIT_VAL_ LO for each parallel valuation area.

Before the initialization for loans can be carried out you must assign a general valuation class to each loan contract. Each contract can then be updated per valuation area to the correct special valuation class.

Note that the initialization process includes steps that are both independent of and dependent on the company code.