Parallel Valuation Approaches: Check Activation / Execute
In this IMG activity you activate your currency and valuation profiles in the controlling area. The R/3 System checks whether the valuation approaches you determined according to the settings in the currency and valuation profile are consistent with the settings in the individual applications.
Requirements
- You have maintained the
- You have assigned the currency and valuation profile to a controlling area.
- You have made ther required settings in the material ledger, CO, FI, and EC-PCA to be able to manage parallel valuation approaches. This involves:
- Activating the necessary valuation approaches in the material ledger so that material stocks are managed in alternative valuations.
- Determining the relevant valuation for your operational version and defining additional actual versions for managing further valuation approaches in Create Versions for Valuation Methods .
- In Financial Accounting, you have, where
required, specified that further valuation approaches are posted in FI in
addition to the legal valuation in company code currency. To do so, you use
the enhanced functions for parallel currencies in Financial Accouning (
Define Additional Local Currencies and
Define Additional Local Currencies for Ledgers)
Activities
Activate the currency and valuation profiles in the controlling area.
The system includes an activation log in which the settings relating to parallel valuation approaches for all components concerned are listed.