SAP ABAP Data Element TXW_VAL_AREA (Valuation Area)
Hierarchy
SAP_FIN (Software Component) SAP_FIN
   CA-GTF-DRT (Application Component) Data Retention Tool
     FTW1 (Package) Data Retention Tool
Basic Data
Data Element TXW_VAL_AREA
Short Description Valuation Area  
Data Type
Category of Dictionary Type D   Domain
Type of Object Referenced     No Information
Domain / Name of Reference Type CHAR3    
Data Type CHAR   Character String 
Length 3    
Decimal Places 0    
Output Length 3    
Value Table      
Further Characteristics
Search Help: Name TXW_F4_VAL_AREA    
Search Help: Parameters VALUATION_AREA   
Parameter ID   
Default Component name    
Change document    
No Input History    
Basic direction is set to LTR    
No BIDI Filtering    
Field Label
  Length  Field Label  
Short VA 
Medium 20 Valuation Area 
Long 40 Valuation Area 
Heading 10 Val. Area 
Documentation

Definition

In the financial subledger you can set up different valuation areas in order to value your financial transactions according to different accounting regulations.

You might, for example, apply the German Commercial Code (HGB) in valuation area 001, and use US GAAP in valuation area 002.

The valuation area 001 is the operative valuation area. Also see the documentation for the IMG activity Define Valuation Areas.

History
Last changed by/on SAP  20040114 
SAP Release Created in 470