In Financial Accounting (FI), you can manage up to three parallel valuation methods to support transfer prices. The valuation bases are stored using the additional currency and the ledger facilities.

The meanings of the currency and the valuation remain technically separate at ledger level in Financial Accounting.

The currency and the valuation method are combined in the financial accounting document to form the currency and valuation type. For example, if you want to make a group valuation in the group currency, you enter currency and valuation type 31 in the company code.

The following example shows a group that wishes to make a group valuation in group currency and a profit center valuation in group currency, as well as the legal valuation in company code currency.

The following settings are made in the company code:

The corporate valuation and the profit center valuation are managed in the second and third ledgers, which you have to create yourself. The valuation category used is stored in the ledger master data. You need to enter the relevant currencies in the ledger master record.

You post complete values to each ledger, not delta values. This presentation has the advantage that the parallel valuation methods can be managed in logically and physically separate ledgers. This enables a simple authorization control when accessing the datasets of the parallel valuation methods.

Different valuations can also be stored in the Special Purpose ledgers, just as in the general ledger.

In each ledger master record, you can define whether the ledger manages a legal valuation, a group valuation, or a profit center valuation.