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ACTIVATION OF MATERIAL LEDGER/ACTUAL COSTING

Hai Mates,

My client wants to activate the Material Ledger to carry the inventories in additional currencies.

Can anybody guide/help me on this subject and will there be any problem on existing settings? and if anybody provides customization settings on activation of material ledger will be more helpful to me.

and also needs some expert views on Actual costing activation and please clarify if we activate Actual costing ,then what is the use of Product Cost Planning /Cost Object Controlling.

Good sharing will be appreciated

Thanks

Subbu

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    author's profile photo Former Member
    Former Member
    Posted on Dec 03, 2007 at 06:02 AM

    hi

    to valuated the material ledger in other currencies by define

    Configuration

    Realize gain/loss in foreign currency transactions

    Define translation ratios. (OBBS):

    In this we define the ratio for valuating two currencies, for example: inr:usd, 1:1.

    Enter exchange rates. (OB08):

    In we define the rate for a given exchange rate type with two different currencies. (Forex table).

    Mentioning exchange rates at document type level. (OBA7):

    In this we define the exchange rate type for a document type, for example: SA document type we define M-average exchange rate type.

    Create general ledgers related to foreign currency. (FS00):

    In this we create G/L accounts there are foreign currency term loan a/c, exchange gain and exchange loss.

    Prepare automatic posting. (OBA1,FBKP):

    In this we do account determination with the help of system define transaction keys i.e., KDF. By assigning a respective accounts and posting rules.

    Posting invoice in foreign currency. (k-F-43,d-F-22,s-F-02):

    In this we post the transaction for G/L ledgers, customer and vendor accounts.

    Clearing invoice in foreign currency. (k-F-53,d-F-28,s-F-04):

    In this we clear the transactions that are posted. The difference amount will automatically post to exchange gain/loss a/c.

    Unrealized gain/loss in foreign currency transaction

    In this we will give valuation loss & valuation gain for the balance sheet adjustment, for every month and then we reverse the entry because it should not affect the balance.

    Define translation ratios. (OBBS):

    In this we define ratio for valuating two currencies, for example: inr: usd, 1:1.

    Enter exchange rates. (OB08):

    In we define the rate for a given exchange rate type with two different currencies. (Forex table).

    Define valuation methods. (ob59):

    In ob59 we mention the valuation procedure & exchange rates determination.

    Prepare Automatic posting. (OBA1,FBKP):

    In this we do account determination with the help of system define transaction keys i.e., KDF. By assigning a respective accounts and posting rules.

    Foreign currency valuation. (F.05):

    In this we mention the valuation method and select the indicator to reverse the posting and execute.

    Spro ->img-> controlling->general controling-> multiple valuation approaches / trnsafer prices-> basis settings -> check material ledger settings->@activate valuation area for material ledger, @assign currency type to meaterial ledger type, @ assign material ledger type to valuation area.

    And do process in this for valuation of currency for your material ledger as:

    spro->img->finanacial a/cing->finan, a/cing global settings->company code->parallel valuation mehods->integration->parallel valuation methods in controlling->material valuation->material ledger-

    ->@activate valuation area for material ledger, @assign currency type to meaterial ledger type, @ assign material ledger type to valuation area.

    plz assign points if useful,

    regards,

    supriya thodimela

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