This activity is used to delete a valuation. A valuation can only be deleted if it is in the Planned status. Once the valuation reaches any other status, postings may have been created and therefore it will not be possible to delete the valuation. If for some reason a valuation cannot be deleted, you can choose to (under certain circumstances) cancel this valuation instead. For more information on cancelling a valuation, refer the activity Cancel Valuation.
The valuation should be in the Planned status.
As a result of this activity, the valuation is removed.