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valuation type

Asset Accounting (FI-AA)

Basic criterion for calculating the asset value.

In a depreciation area, in addition to the acquisition and production costs and ordinary depreciation, the following special valuation types can be calculated:

Retail (IS-R)

A subdivision of a valuation category in split valuation.

Example:

A company manages its stocks of a material using the valuation category "R", which is made up of two different valuation types:

Invoice Verification (MM-IV)

Subdivision of a valuation category in split valuation.

Example:

An enterprise manages its stocks of a material using the valuation category "Quality", which comprises three different valuation types:

Commissions (IS-IS-CS)

This is used to classify different valuation algorithms. The commission valuation agreement stipulates which valuation types are used. Valuation types are used as a company-wide steering instrument. Depending on the type, a decision is made regarding which valuation object type and which valuation schema should be called to determine the result.

Possible valuation types in an insurance company are: