The Material Ledger is mandatory in SAP S/4HANA. Get it up and running smoothly with this all-in-one resource! Configure key settings for currency conversion, ledgers, and valuation views. Then set up and run your key ML processes, step by step: actual costing, group valuation, profit center valuation, parallel cost of goods manufactured, and balance sheet valuation. Walk through special scenarios and execute reports to monitor material value flows. Unlock the potential of the Material Ledger!In this book, you’ll learn about:a. ConfigurationSet up the Material Ledger! Start by configuring currency types, ledgers, and valuation views in SAP S/4HANA. Then customize key processes to your specific needs for group valuation, actual costing, balance sheet valuation, and more.a. Valuation and Actual CostingMaster parallel valuation with the Material Ledger for groups, profit centers, and balance sheets. Get step-by-step instructions to perform actual costing runs and material price analysis in SAP S/4HANA.a. Peripheral ApplicationsUse the Material Ledger in specialized scenarios such as stock in transit, split valuation, make-to-order products, daily actual costs, exchange rate differences, and profitability analysis.Highlights include:1) Group currency and valuation2) Profit center valuation3) Actual costing4) Account determination5) Material price analysis6) Parallel cost of goods manufactured7) Balance sheet valuation8) Stock in transit9) Peripheral applications10) Reporting