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 Checking the Material Master for the Material Ledger Locate this document in the navigation structure

Prerequisites

Certain prerequisites in Customizing must be met in order to valuate a material using the material ledger:

  • The material ledger must be active for the material.

  • The material must be assigned to a valuation class.

  • The material type must allow the material’s valuation to be updated.

Procedure

  1. Check the following indicators and fields in the material master record (of the material) in the Accounting 1 view:

    1. ML act. (material ledger active)

    2. Price determination

    3. Price control

    4. Valuation class

  3. Check the following fields in the material master record:

    1. in the Accounting 1 view, check the Future price field in connection with the Valid from field

    2. in the Costing 2 view, check the future planned price.

    These fields can contain prices that you can activate upon price determination.

  5. Check the detail display of the view Material Type s in Customizing under   Logistics - General   Material Master   Basic Settings   Material Types   Define Attributes of Material Types.  

  • In the view Quantity/Value Updating , select the fields Quantity Update and Value Update for each valuation view and material type.