What is target value in SAP FS-FPS - Financial Products Subledger?

SAP Term: target value

• Component: FS-FPS

• Component Name: Financial Products Subledger

• Description: The final value of a book value component. This is determined on a key date and for a specific granularity based on the methodology used in a process step. This value changes over time as a result of accounting changes. The system calculates the relevant amounts for journal entries using the changes to the target value for each accounting change between two key dates.

Smart SAP Assistant

• Key Concepts: 
  Target value is a term used in the Financial Products Subledger (FS-FPS) component of SAP. It is a value that is used to determine the amount of money that should be allocated to a particular account or transaction. This value is used to ensure that the correct amount of money is allocated to the right accounts and transactions. 
  
  How to use it: 
  In order to use target value, you must first set up the target value in the FS-FPS component of SAP. This can be done by entering the desired target value into the appropriate field in the system. Once this is done, the system will automatically allocate the correct amount of money to each account or transaction based on the target value. 
  
  Tips & Tricks: 
  When setting up target values in SAP, it is important to make sure that they are accurate and up-to-date. This will ensure that the correct amount of money is allocated to each account or transaction. Additionally, it is important to regularly review and update target values as needed in order to ensure accuracy. 
  
  Related Information: 
  Target values are closely related to other concepts such as budgeting and forecasting. It is important to understand how these concepts work together in order to effectively manage finances within SAP. Additionally, understanding how target values are used can help you better understand how SAP works and how it can be used to manage finances more effectively.