Activate Material Ledger in SAP S/4HANA
In this blog we will discuss about activation of material ledger in SAP S/4HANA.
Activation of material ledger is mandatory in SAP S/4HANA
Material ledger in S/4HANA serves two purposes of Actual Costing & Parallel Currencies/Valuation. The objective of parallel currencies or valuation makes the material ledger in S/4HANA as a sub-ledger for inventory valuation. To achieve this objective material ledger is mandatory in SAP S/4HANA.
Steps to Activate Material Ledger
Activate Material Ledger to Valuation Area
Step 1: Click on Activate Material Ledger
Step 2: Find Valuation Area
Step 3: Select Check Box ML Active
Step 4: Enter Price Determination procedure
Step 5: Click on Save
Define Material Ledger Type and Assign Currency Types
Assign Material Ledger Type to Valuation Area
Production Start-up of Material Ledger
Step 1: Enter Plant- 9566
Step 2: Select Processing Option- Background Processing
Step 3: Click on Execute Button
Material Ledger Productive for Plant 9566
Check Material Ledger Settings
Step 1: Enter Plant
Step 2: Click Tick on Display Accounts Check Box
Step 3: Execute
Here you will find that material Ledger Active and Productive to Valuation Area (9566).
Rajesh Sharma
SAP WM/EWM Functional Consultant
§ Linked in profile: https://www.linkedin.com/in/rajesh-sharma-204910278/
§ Twitter: RajeshS98151512/ RAJESH SHARMA@RAJESHS21287609
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