Multiple Valuation Views 
Use
You can cost three valuation views in Reference and Simulation Costing simultaneously:
Legal valuation view
Group view
Profit center view
You specify which of the three views you want to cost in the costing type in Customizing.
See also:
For further information, see the following:
In the SAP Library under Multiple Valuation Approaches/Transfer Prices
Implementation Guide (IMG) for Product Cost Controlling
Implementation Guide (IMG) for General Controlling