Processing payment in Parallel Valuation areas

Question

Hi gurus,
from business point of view, you trigger payments only from Operative valuation area (001), which means in SAP, that:
- (step 1) first you post respective flows (TBB1), which results in some open items on Open G/L account (one clearing accont) or Customer subledger;
- (step 2) then you execute payemnt program (F111 or F110), which results in clearing of previous open item (in step 1) and creates new open item on respective bank subaccount (depends on Master data of Business partner - SI: payment details);
- (step 3) and last you receive your bank statement, representing confirmation of executed payment. Then you of course post bank account vs bank subaccount and clear the last one.
However, my question is  - do you need to follow the same 3 steps for Parallel Valuation areas? Or instead at the beggining you only post to Operative Valuation area (at TBB1), when execute payment run (F111), process bank statement and only after that update Parallel Valuation areas, without steps 2 and 3 (described above). How then it's possible to achieve such functionality, that posting (TBB1) would directly affect respective bank account (vs posting over clearing account and subaccount) - do you need another posting specifications, assigned to payment relevant update types in Parallel Valuation areas and another account symbol, representing Bank account direcly or some other solutions?
Appreciate your advise.
Rgds,
Renatas

Answer 1

Hi Prasad,
thanks for your reply.
I pretty understand the idea of Parallel Valuation areas.
However, if you say that you don't post to GL with TTB1 (I mean those Update types are marked as not relevant for posting) in the Parallel Valuation areas, so my question is how you will get your update of GL accounts in those non-leading leadgers and create required Balance Sheet ? Let's say, you placed deposit of 1.000 EUR with some bank with start date 24/04/20XX, so TBB1 should produce such kind of posting in Leading ledger:
Debit /// Position Money market (Asset side of Balance)    /// 1.000 EUR /// Posting date 24/04/20XX
Credit /// Bank clearing accoount (Asset side of Balance) /// 1.000 EUR /// Posting date 24/04/20XX
Rgds,
Renatas