![]() ![]() The currency and valuation profile determine which valuations the system stores in which currency. ![]() This session provides an configuration setting required for multiple valuation with in S/4 HANA environmentġ.Creating a Currency and Valuation Profile: The controlling area is assigned to an Operating concern called “Best Run” LTP1 with Accounting Based COPA ,its Currency EUR. Sap movement type 453 profit center code#The entity LT02 uses EUR as its local currency,LT01 uses INR as its local currency and LT03 uses USD as its local currency and all the three company code assign to the Controlling area “Best Run” LTP1 which uses the group currency EUR. In our example “Best Run” is a holding company with three legal entities the system represents the company codes LT02 located in Germany ,Company LT01 located in India and the company code LT03 located in US In order to determine the profitability of those profit center and helpful for management to take pricing decision accordingly. In the profit center view, the exchanges of goods and services between profit centers are valuated using internal prices. In the group view, the exchanged goods and services within affiliated companies determines the cost of good manufactured without including any intercompany profits. The legal view is the view of the individual enterprise that represents the transfers of goods and services between independent companies according to the legal reporting requirements Multiple valuation approach is the ability to value inventory in more than one valuation method.
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