Parallel Valuation Approaches for Material Stocks Using the Mate (SAP Library

Multiple Valuation Approaches for Material Stocks Using the Material Ledger

Use

As a subsidiary ledger for materials, the material ledger is of fundamental significance for storing multiple valuation methods for material stocks.

Note

If you want to use multiple valuation approaches, the Material Ledger must be active in all valuation areas.

In the material ledger, you define a combination of the dimensions currency and valuation, which is referred to as the valuation approach. You can store up to three valuation approaches in the material ledger. These are stored throughout the system according to the settings you made in the currency and valuation profile. For details on the consistency of the settings for valuation and currencies, see Consistency of the Valuation Settings in Different Applications: Currency and Valuation Profile.

This means, for example, that you can use material costing to calculate three standard prices for your material stocks -- one from the legal view, plus additional standard prices from the group view and the profit center view.

These multiple valuation approaches are then available for all business transactions involving stock valuation (goods receipt, goods issue, stock transfers) and procurement, which means that stock values are constantly being updated. As with products that are procured externally, multiple valuation approaches for products produced internal need to be used in cost object controlling.

Previously, you could only use the various valuation approaches to store warehouse stock. You can now also use these valuation approaches to store the valuated sales order stock and the project stock.

For more information about using multiple valuation approaches in the material ledger, see:

Actual Costing/Material Ledger

Collecting Actual Data for the Material Ledger

Parallel Currencies and Valuations for Materials

Integration

The section Parallel Valuation Approaches in Individual Applications contains information about how transfer prices are realized in the other applications of the R/3 System.