What is value date-based balance in SAP FS-AM - Account Management?

SAP Term: value date-based balance

• Component: FS-AM

• Component Name: Account Management

• Description: A balance determined on the basis of the value date of the account flows. Contrary to the value date-based balance, the posting date-based balance is determined on the basis of the posting date of the account flows.

Smart SAP Assistant

• Key Concepts: 
  Value date-based balance is a feature of the FS-AM Account Management component of SAP. It allows users to view the balance of an account as of a specific date, rather than the current balance. This is useful for tracking changes in an account over time. 
  
  How to use it: 
  To use value date-based balance, users must first select the account they wish to view. Then, they can enter the desired date and view the balance as of that date. The system will display the balance as of that date, as well as any changes since then. 
  
  Tips & Tricks: 
  When using value date-based balance, it is important to remember that the system will only display changes since the specified date. If you need to view changes prior to that date, you will need to manually calculate them. Additionally, it is important to note that the system will only display changes in the account’s balance, not changes in its transactions or other details. 
  
  Related Information: 
  For more information on value date-based balance, please refer to SAP’s documentation on FS-AM Account Management. Additionally, you can find more tips and tricks for using this feature in various online forums and blogs.