Use

In New General Ledger Accounting, you can manage up to three valuation approaches in parallel to support transfer prices. The valuation approaches are stored using the facilities for parallel currencies.

You can use the following valuation approaches :

You can use the following currencies :

The currency and the valuation method are combined in the document to form the currency and valuation type . For example, if you want to make a group valuation in the group currency, you enter currency and valuation type 31 in the company code.

Integration

Values in Controlling are transferred directly to General Ledger Accounting using the Real-Time Integration of Controlling with General Ledger Accounting . It is not necessary to use a reconciliation ledger.

Prerequisites

If you perform profit center accounting in New General Ledger Accounting and use profit center valuation in the system, you have to use the profit center valuation view in New General Ledger Accounting.

Features

In contrast to classic Profit Center Accounting (EC-PCA), you do not have to opt for one particular valuation view. Instead, you can analyze at the profit center level all valuation views that are updated in New General Ledger Accounting. To be able to perform an analysis at the profit center level, you need to have activated the profit center scenario for the ledger concerned.

The valuation views that you select are always updated in the leading ledger . For the non -leading ledgers, you can select the valuation views that you want to update. You make the settings for non-leading ledgers in Customizing for Financial Accounting (New) under  Financial Accounting Global Settings (New) Ledgers Ledger Define and Activate Non-Leading Ledgers .

The use of transfer prices in parallel ledgers is governed by the following conditions:

In each valuation view, complete values are posted, not delta values. You can use an authorization concept to control how the datasets for the multiple valuation approaches are accessed.

Example

In addition to legal valuation in the company code currency, a corporate group deploys a group valuation and a profit center valuation in the group currency. The group therefore uses the following currency and valuation types: