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Maintain
Currency and Valuation Profile
In the
currency and valuation profiles you determine which
valuation approaches are to be used in the Accounting components
(AC).
You only need the currency and valuation
profiles if you want to manage various valuations in parallel in your
system.
Activities
In the currency and valuation profiles, enter
the required combinations of currencies and valuations you want to manage in
accounting.
As an example, you would manage the following
valuation approaches:
- Company code currency (10) in legal valuation
(0)
- Group currency (30) in corporate valuation
(1)
- Company code currency (10) in profit center
valuation (2)
Basic
rules
You have to take the following rules into
account when you maintain the currency and valuation profiles because they are
checked when you activate the C&V profile in the controlling
area.
- Managing the company code currency in legal
valuation is mandatory.
- In addition, you can always manage two further
valuation approaches in accounting in an alternative valuation:
- In valuation, you can select among group
valuation (1) and profit center valuation (2),
- In the currency, you can select among company
code currency (10) and group currency (30).
- All valuation approaches you manage in
Accounting must also be managed correspondingly in the material
ledger.
- You can only manage a profit center valuation
if you are using the Profit Center Accounting component (EC-PCA).
For more information, see
Examples for C&V Profiles
Note
The currency and valuation profiles can only be
changed as long as they are not yet assigned and not yet active in the
controlling area.