This document provides an overview of the material ledger functionality in SAP ERP and S/4HANA. The material ledger serves as a detailed subledger for inventory valuation, enabling actual costing of materials. The introductory abstract summarizes the key sections:
- The document begins by explaining the purpose and objectives of the material ledger, including supporting actual costing and valuation in multiple currencies.
- It then compares material ledger capabilities in SAP ERP vs S/4HANA, highlighting key differences such as increased currency flexibility and integration with the Universal Journal in S/4HANA.
- The next section covers recommended configurations for activating and setting up the material ledger. Key steps include defining valuation areas, assigning currency types, defining material update structures, and maintaining number ranges.
- Finally, the document concludes with instructions for production startup of the material ledger.
In summary, this overview provides a comprehensive look at leveraging the material ledger for inventory valuation and costing in SAP ERP and S/4HANA systems.