What is valuation for accounting purposes in SAP FIN-FSCM-TRM-TM - Transaction Manager?

SAP Term: valuation for accounting purposes

• Component: FIN-FSCM-TRM-TM

• Component Name: Transaction Manager

• Description: A process that leads to the creation or reversal of provisions, write-ups and write-downs, and the disclosure of unrealized gains and losses. Various valuation principles are available, such as the lowest value principle. The valuation generates flows in Treasury, which are transferred to Financial Accounting.

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• Key Concepts: 
  Valuation for accounting purposes is a process used in SAP Transaction Manager (FIN-FSCM-TRM-TM) to determine the value of an asset or liability for accounting purposes. This process involves analyzing the current market value of the asset or liability, as well as any associated costs or risks. The resulting value is then used to record the asset or liability in the company's financial statements. 
  
  How to use it: 
  In order to use valuation for accounting purposes in SAP Transaction Manager, users must first enter the relevant data into the system. This includes information about the asset or liability, such as its current market value and any associated costs or risks. Once this data has been entered, the system will calculate the value of the asset or liability for accounting purposes. 
  
  Tips & Tricks: 
  When using valuation for accounting purposes in SAP Transaction Manager, it is important to ensure that all relevant data is entered accurately and completely. This will ensure that the resulting value is accurate and can be used to accurately record the asset or liability in the company's financial statements. 
  
  Related Information: 
  Valuation for accounting purposes is just one of many features available in SAP Transaction Manager (FIN-FSCM-TRM-TM). Other features include contract management, payment processing, and dispute resolution.