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Component: FS-BA-PM-AFP
Component Name: Accounting for Financial Products
Description: Defines how a key date valuation type is used. The system contains the following key date valuation categories: Financial accounting for financial products Calculation of indirect costs for periods
Key Concepts: Key date valuation category is a feature of the Accounting for Financial Products (AFP) component of SAP. It is used to define the valuation date for a financial product, such as a loan or bond. The key date valuation category determines the date on which the value of the product is calculated and recorded in the system. How to use it: The key date valuation category is used to define the date on which the value of a financial product is calculated and recorded in SAP. This date can be set manually or automatically based on certain criteria, such as the maturity date of the product or the date of a payment. The key date valuation category can also be used to define different types of valuations, such as market value or book value. Tips & Tricks: When setting up a key date valuation category, it is important to consider how often the value of the product needs to be updated. If the product has frequent changes in value, it may be necessary to set up multiple categories with different dates for each type of valuation. Related Information: For more information about key date valuation categories, please refer to SAP Help documentation or contact your local SAP support team.