What is key date valuation type in SAP FS-BA-PM-AFP - Accounting for Financial Products?

SAP Term: key date valuation type

• Component: FS-BA-PM-AFP

• Component Name: Accounting for Financial Products

• Description: Customizing entity used to define the key date valuation process. For example, the calculation procedures are derived from the key date valuation type that are used to define which calculation steps are used in the key date valuation, and in which order they are applied.

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• Key Concepts: 
  Key date valuation type is a feature of the Accounting for Financial Products (AFP) component of SAP. It is used to determine the value of a financial product on a specific date. This value is then used to calculate the financial position of the company. 
  
  How to use it: 
  The key date valuation type is used to determine the value of a financial product on a specific date. This value is then used to calculate the financial position of the company. The key date valuation type can be set up in the SAP system by entering the desired date and selecting the appropriate valuation type. 
  
  Tips & Tricks: 
  When setting up the key date valuation type, it is important to ensure that the correct date and valuation type are selected. This will ensure that the correct value is calculated for the financial product on that date. 
  
  Related Information: 
  The key date valuation type is part of the Accounting for Financial Products (AFP) component of SAP. It can be used in conjunction with other features such as pricing models and risk management tools to provide an accurate picture of a company's financial position.