What is Local Valuation View - China in SAP SRD-TRL - GLO-Translation?

SAP Term: Local Valuation View - China

• Component: SRD-TRL

• Component Name: GLO-Translation

• Description: A business option that allows you to store the value of fixed assets for preparation of financial statements according to Chinese GAAP.

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• Key Concepts: 
  Local Valuation View - China is a component of the SAP SRD-TRL GLO-Translation module. It is used to define the local valuation view for China, which is used to determine the currency translation rules for financial documents. This view is used to define the exchange rate type, exchange rate table, and other settings related to currency translation. 
  
  How to use it: 
  To use Local Valuation View - China, you must first create a local valuation view in the SAP system. This view can be created in the SAP Financial Accounting (FI) module or in the SAP Treasury and Risk Management (TRM) module. Once the view is created, you can assign it to the relevant company code in the SRD-TRL GLO-Translation module. This will enable you to define the currency translation rules for financial documents. 
  
  Tips & Tricks: 
  When creating a local valuation view, it is important to ensure that all of the settings are correct. This includes setting the exchange rate type, exchange rate table, and other settings related to currency translation. It is also important to ensure that all of the settings are consistent across all company codes that use this view. 
  
  Related Information: 
  For more information on Local Valuation View - China, please refer to SAP Help documentation or contact your local SAP support team. Additionally, there are many online resources available that provide detailed information on how to use this component of SRD-TRL GLO-Translation.