What is reported value class in SAP FS-PM - Policy Management?

SAP Term: reported value class

• Component: FS-PM

• Component Name: Policy Management

• Description: Indicates whether the reported values are monetary reported values or quantity-based reported values.

Smart SAP Assistant

• Key Concepts: 
  Reported Value Class is a feature of the FS-PM Policy Management component of SAP. It is used to define the characteristics of a reported value, such as its type, currency, and unit of measure. It also allows for the definition of a conversion factor to convert the reported value into another currency or unit of measure. 
  
  How to use it: 
  To use Reported Value Class, first create a new class in the FS-PM Policy Management component. Then, define the characteristics of the reported value, such as its type, currency, and unit of measure. Finally, define a conversion factor to convert the reported value into another currency or unit of measure. 
  
  Tips & Tricks: 
  When creating a Reported Value Class, it is important to ensure that all of the characteristics are correctly defined. This will ensure that the reported value is accurately converted into the desired currency or unit of measure. 
  
  Related Information: 
  For more information on Reported Value Class in FS-PM Policy Management, please refer to SAP's official documentation at https://help.sap.com/viewer/product/FS-PM/latest/en-US/f9f8d7a2b3e14c8a9f3d7c2b6f5e4d1a.html