What is valuation run in SAP LOD-FIN-ACC - Accounting?

SAP Term: valuation run

• Component: LOD-FIN-ACC

• Component Name: Accounting

• Description: A type of mass processing in financial accounting applications that generates journal entries. You execute valuation runs during the period-end closing process.

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• Key Concepts: 
  Valuation run is a process in SAP Accounting that allows users to calculate the value of their assets and liabilities. This process is used to ensure that the financial statements are accurate and up-to-date. The valuation run can be used to calculate the value of assets and liabilities at a specific point in time, or it can be used to calculate the value of assets and liabilities over a period of time. 
  
  How to use it: 
  To use the valuation run, users must first set up the parameters for the calculation. This includes setting up the date range, selecting the accounts to be included in the calculation, and setting up any other parameters that may be necessary. Once these parameters have been set up, users can then run the valuation run. The results of the valuation run will be displayed in a report that can be viewed or printed. 
  
  Tips & Tricks: 
  When running a valuation run, it is important to ensure that all of the necessary parameters have been set up correctly. This will ensure that the results of the valuation run are accurate and up-to-date. Additionally, it is important to review the results of the valuation run before making any decisions based on them. 
  
  Related Information: 
  The valuation run is part of SAP Accounting's Financial Accounting module. Other features of this module include account reconciliation, asset accounting, and financial statement preparation. Additionally, SAP Accounting also offers other modules such as Controlling and Treasury & Risk Management which can be used in conjunction with Financial Accounting for more comprehensive financial management.