Issue while activating of Advanced Foreign Currency Valuation

[R_Pooja]

Hi All,

We plan to activate the Advanced Foreign Currency Valuation in Quality and, after testing, move these changes to production as soon as possible. Before activation, we have a few issues that need addressing. Please review them and provide the best possible solutions:

Deprecation Timeline: Can you please provide a timeline for when the old Foreign Currency Valuation will be deprecated? We see it is going to be deprecated in 2508 according to SAP documentation.

Best Time for Activation: Can you clarify the best time to activate the Advanced Valuation? We noticed conflicting responses: the SAP help portal suggests the end of the fiscal year, while the FAQ recommends the start of the fiscal year. Additionally, the help portal mentions that activating in the middle of the year requires additional efforts. Can you clarify what these additional efforts entail?

Reversal in Quality: If we activate the Advanced Foreign Currency Valuation in Quality, is it possible to reverse it? If yes, how can we reverse it if there are already postings?

Restricting Changes to Production: If we activate Advanced Foreign Currency Valuation in Quality, is it possible to avoid or restrict moving these changes to production?

Thanks

Naveen Kumar

[HenrikeGrötecke]

Hello

[KevinSigl]

Dear @R_Pooja ,

first of all thanks a lot for showing interest in the Advanced Valuations and raising these important questions. Let me try to answer them. 

1. You are right, the Classic Valuations will be deprecated in a future release for Public Cloud. The announcement made some releases ago that release CE2508 will be the target release for the deprecation is obsolet. This information was provided via 'What's New' as well. A dedicated release cannot yet be announced. Once a target release for the deprecation is appointed, we need to inform customers at least one release earlier. 
2. SAP recommends to start with the Advanced Valuations with the beginning of a new fiscal year. The recommendation is because from our point and due to auditing reasons and purposes we would not mix up two different valuation processes in one fiscal year. If customers would like to change in the middle of the year, there is no technical restriction to do so. For such scenarios, SAP recommends to align with the auditors first.
3. The Advanced Valuations can be tested in test- and/or quality-systems. If you would like to deactivate them again, you need to reverse all postings created by the Advanced Valuations as a first step. Subsequently, a ticket need to be raised. Based on this, we help to circumvent the error message while trying to uncheck the "Activate Advanced Valuation" checkbox. 

Thanks again for raising these questions. 

Kind regards,

Kevin