If you select this parameter, open items are balanced per account or group and currency. The balance is valuated according to the valuation method. The valuation difference is posted as an expense or revenue (per account, only revenue OR expense). If you do not select this parameter, the open items are summarized and valuated per reference number. If there is no reference number, each line item is valuated individually. The differences that arise are posted as an expense or revenue (per account, expense AND revenue).
Example: 3 line items: A, B and C A Reference number 1 100 USD 190 B Reference number 1 30-USD 50- C No reference number 10 USD 15
1) No balance valuation, lowest value principle, spot exchange rate 1.8 Total from A + B 70 USD 140 DEM Valuation difference 14- DEM ( 70 * 1.8 = 126 126 - 140 = - 14) C 10 USD 15 DEM No valuation, due to lowest value principle
2) Balance valuation, lowest value principle, spot exchange rate 1.8 Total A - C 80 USD 155 DEM Valuation difference = 11- DEM (80 * 1.8 = 144 - 155 = - 11) The total is posted as an expense.
3) No balance valuation, revaluation and devaluation, spot exchange rate 1.8 Total A + B 70 USD 140 DEM valuation difference 14- DEM ( 70 * 1.8 = 126 126 - 140 = - 14) C 10 USD 15 DEN valuation difference +3 DEM Postings, expense 14 DEM, revenue 3 DEM
Hierarchy 
BBPCRM (Software Component) BBPCRM
CRM (Application Component) Customer Relationship Management
CRM_APPLICATION (Package) All CRM Components Without Special Structure Packages
Basic Data 
Data Type 
Further Characteristics 
Field Label 
Documentation 
History 
