Multiple Valuation Approaches in Asset Accounting

Use

If you want your profit center managers to be able to analyze the assets in their area of responsibility, you need to valuate assets in Profit Center Accounting using the same valuation approach as the one they were originally posted with in Asset Accounting. This is why you can settle assets to the relevant valuation areas in Asset Accounting using the legal, group, and profit center viewpoints in Profit Center Accounting. This applies to collective as well as line item settlement.

Note Note

Within a valuation area, define an additional valuation area for each valuation view.

End of the note.

Example Example

Valuation area 01 (costing-based valuation) includes:

End of the example.

  • Valuation area 01 (costing-based valuation in legal valuation view)

  • Valuation area 31 (costing-based valuation in group valuation view)

  • Valuation area 32 (costing-based valuation in profit center valuation view)

Integration

You must use the same valuation approaches in Asset Accounting as in General Ledger Accounting. Valuation approaches that differ from those defined in General Ledger Accounting are not supported. See also Updating Multiple Values in Financial Accounting