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Purchase Account Management impact on Material Ledger Revaluation

Hi experts,

We have a company in Italy that wants to start using the Purchase Account Management feature. We currently have the Material Ledger active for this company and I am not sure how this will affect the accounts it posts to when we revalue inventory.

Are there settings in Purchase Account Management that post the price differences from the Material Ledger revaluation to an account other than the local gaap accounts? The users asked me to just not run revaluation for this company, but I would think I would at least have to set this company to not revalue, but still post the closing entries to the price difference accounts.

I would think the Purchase Account Management configuration would have settings so that I do not have to break out this company code by itself (as we run many companies at a time by region) and not revalue, but that automatic account determination would put it in the correct account if I ran it in our normal process to post the closing entries with the Revaluation check.

Does anyone have a similar experience with this and the Material Ledger or any references that I can use. I have found some SAP documentation, but it is rather difficult to understand.

Thanks!

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  • Posted on Aug 27, 2015 at 12:53 PM

    Help is very much appreciated as this will go live soon and I can't find much on Purchase Account Management effect/configuration on ML.

    Thanks!

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