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Check if you're using new GL, if yes, you should maintain Profit Center Valuation for the same currency in OB22 for 2nd local currency. Hope it helps. ---------------Original Message--------------- From: roemessner Sent: Wednesday, June 16, 2010 3:41 PM Subject: Multiple Valuation Approaches /transfer prices(activation) > Hi folks, > Issue i am dealing with ,unable to activate multiple valuation approaches, error message is ,after executing activate in controlling area"No PCA valuation is defined in company code xxxx Under basic setting i have maintained as follows, > 1, maintain currency and valuation profile > 2 assaign currency currency and valuation profile controlling > 3 create version for valuation method > and also created valuation clearing accts. > Your and pointers to the right path will be highly appreciated. > Thanks & Regards > Roe | __.____._ Copyright © 2010 Toolbox.com and message author. Toolbox.com 4343 N. Scottsdale Road Suite 280, Scottsdale, AZ 85251 | | _.____.__ |