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Assign Currency and Valuation Profile to Controlling Area

In this IMG activity you assign the currency and valuation profiles with which you want to represent scenarios for transfer prices to the respective controlling area. For this purpose, you must ensure that the controlling area currency of the affected controlling area corresponds to either the group currency (currency type = 30) or the company code currency (currency type = 10).

The assignment of the currency and valuation profiles indicates that you want to use transfer prices in the controlling area. It enables you to create actual versions for your different valuations.

Activities

1. Assign to the respective controlling area those currency and valuation profiles with which you want to represent the scenario for transfer prices.
2. Assign a suitable currency type to the controlling area in field "WK".

Further Notes

The assignment of the currency and valuation profiles does not yet mean that transfer prices can be updated immediately after the assignment. This is only possible after you activate the parallel valuations in the controlling area.