Tuesday
Hi SAP,
We would like to request your assistance with the following queries regarding of Advanced Foreign Currency Valuation and its functionalities.
1) Could you Please confirm the deprecation timeline, if any, for Classic Forex Valuation?
2)Has SAP provided any recommendations on the timeline for Advanced Foreign Currency Valuation activation? Should it necessarily be at the beginning of the new year (e.g., January period before January month-end).
3) Since Delta logic is used in advanced valuation, does mid-year activation matter? as there will not be any delta reference, will the entire difference be considered in activation period?
4) Apart from the forex valuation item, should we also consider switching to all the others in the list at the same time?
App: ‘Schedule General Ledger’ Job
Post Discounting of Long-Term Assets and Liabilities
Advanced Foreign Currency Valuation
Post Credit-Risk-Based Impairment (We do not use this)
Post B/S Reclassification
The functionalities that will be deprecated are:
Perform Foreign Currency Valuation
Regroup Receivables/Payables
Perform Further Valuations
1) Could you Please confirm the deprecation timeline, if any, for Classic Forex Valuation?
Answer - See FAQ for Advanced Valuation in Financial Accounting
When will the classic valuation runs be deprecated?
The classic valuations will be deprecated with a future SAP S/4HANA Cloud release.
A specific date is not set. Refer to help documentation for any updates.
2. Has SAP provided any recommendations on the timeline for Advanced Foreign Currency Valuation activation? Should it necessarily be at the beginning of the new year (e.g., January period before January month-end).
Answer - As per help documentation FAQ for Advanced Valuation in Financial Accounting
3. When it's recommended to activate and start using advanced valuation in financial accounting?
Answer - SAP recommends to activate and start using the jobs of advanced valuation in financial accounting at the start of the fiscal year.
4. Since Delta logic is used in advanced valuation, does mid-year activation matter? as there will not be any delta reference, will the entire difference be considered in activation period?
Answer - See Answer to 3 above
5. Apart from the forex valuation item, should we also consider switching to all the others in the list at the same time?
Answer - As per help documentation Advanced Valuation in Financial Accounting
The following processes are part of advanced valuation and are available as job templates in the Schedule General Ledger Jobs app:
Advanced Foreign Currency Valuation
Post B/S Reclassification
Post Credit-Risk Based Impairment
Post Discounting of Long-Term Assets and Liabilities
As you see the processes referenced are part of valuation
Review in full
See also referenced in FAQ for Advanced Valuation in Financial Accounting
What do I've to do and pay attention to when it comes to testing and activating/deactivating advanced valuation in customer systems?
In Q systems, you can activate/deactivate advanced valuation in financial accounting as often as you want, even though postings have been created using the advanced valuation in financial accounting Jobs. In P systems, you can't deactivate advanced valuation once postings have been created.
See Reference
Deprecation of Apps and Job Templates in the Area of Valuation
If there are restriction notes in place, where can I find them?
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