Configuring Advanced Valuation

Objective

After completing this lesson, you will be able to understand the Advanced Valuation configuration steps.

Advanced Valuation Configuration

The Advanced Valuation configuration in the Public Cloud is accessed via the CBC (Central Business Configuration.

Summary

  • Activate Advanced Valuation for the required accounting principles.

  • Configure valuation rules to govern the entire closing process.

  • Use semantic tags to streamline account selection and configuration.