In myICLUB.com, **valuations are interconnected** because they are used to calculate the value of each member’s units and the club’s overall unit value at specific points in time. Here’s why a valuation for a specific date can change if you add or delete valuations with earlier dates:

### **How Valuations Affect Each Other**

- **Valuations determine unit value:** Each time you enter a valuation, the system calculates the club’s unit value based on the total market value of the club’s assets at that date.

- **Member transactions (deposits, withdrawals, etc.) are processed using the most recent prior valuation:** The number of units credited or debited to a member depends on the unit value at the time of their transaction.

### **What Happens When You Add or Delete Earlier Valuations**

- **Adding a new, earlier valuation:** If you add a valuation for a date before an existing one, the system recalculates unit values for all subsequent dates. This can change the unit value and the number of units assigned in member transactions after that date.

- **Deleting an earlier valuation:** If you delete a valuation, the system recalculates unit values for all later dates, since the “chain” of valuations has changed.

**Example:** If you had a valuation on March 31 and then add one for March 15, the March 31 valuation will be recalculated based on the new information from March 15.

### **Why This Matters**

- **Accurate member equity:** Keeping valuations on specific dates during the month, or following a regular schedule ensures that each member’s share of the club is always based on the most up-to-date and accurate valuation history.

- **Consistent accounting:** The system maintains consistency in unit allocation and market value reporting.