Use

In Treasury and Risk Management (TRM) , you portray parallel accounting using the valuation area. You therefore have to define a valuation area for each accounting principle.

You post the valuation results separately for each valuation area. You can post the values of the valuation areas in TRM to different accounts.

See Portrayal Using Additional Accounts :

Alternatively, you can assign the valuation areas to the individual accounting principles and thereby transfer the valuation results into different ledger groups. See Portrayal Using Parallel Ledgers .

Features

Each valuation area provides you with various classifications that you can use to depict the valuation specifications for the individual accounting principles.

You control the valuation of your balance sheet accounts using position management procedures . You can assign the position management procedures to the balance sheet accounts depending on valuation area, valuation class, and other characteristics. The position management procedure contains the legally prescribed valuation approach for valuating (such as lowest value principle or key date valuation).