Differentiation Terms

Definition

A position is the smallest unit within the financial subledger. It forms the basis for valuation and for generating the derived business transactions. Differentiation terms are used to define how positions are created.

The differentiation terms for loans, transactions and listed options and futures are predefined in the system. For securities, some of the differentiation terms are predefined in the system, whilst others can be defined by the user. To define additional differentiation terms for securities positions in the IMG, choose Start of the navigation path Transaction Manager Next navigation step General Settings Next navigation step Accounting Next navigation step Settings for Position Management Next navigation step Define and Assign Differentiations. End of the navigation path

Overview of the differentiation terms for the various product groups:

  • Loan

    • Valuation area

    • Special valuation class

    • Accounting code

    • Loan contract

  • Transactions

    • Valuation area

    • Special valuation class

    • Accounting code

    • Transaction number

  • Listed options and futures

    • Valuation area

    • Special valuation class

    • Accounting code

    • ID number

    • Futures account

  • Securities

    • Valuation area

    • Special valuation class

    • Accounting code

    • ID number

      Additional differentiation terms that can be selected to define securities positions:

    • Securities account

    • Securities account group

    • Portfolio

    • Lot