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Component: FIN-FSCM-TRM-TM
Component Name: Transaction Manager
Description: A price that has to be paid, or that can be achieved, under current market conditions in order to close a position.
Key Concepts: Mark-to-market value is a term used in the SAP Transaction Manager (FIN-FSCM-TRM-TM) to refer to the current market value of a financial instrument or asset. It is calculated by taking the current market price of the asset and subtracting any associated costs, such as commissions or fees. This value is then used to determine the current value of the asset and can be used for accounting purposes. How to use it: In SAP Transaction Manager, mark-to-market value is used to calculate the current value of an asset or financial instrument. This value can then be used for accounting purposes, such as calculating profits and losses. To calculate mark-to-market value, take the current market price of the asset and subtract any associated costs, such as commissions or fees. Tips & Tricks: When calculating mark-to-market value, it is important to take into account any associated costs that may affect the final value. These costs can include commissions, fees, taxes, and other expenses that may be incurred when trading or investing in an asset. Related Information: Mark-to-market value is closely related to fair value accounting, which is a method of accounting that uses current market prices to measure the value of assets and liabilities on a company’s balance sheet. Fair value accounting is often used in financial reporting and can help provide more accurate information about a company’s financial position.