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incremental steps involved in closing after implementation of material ldgr

Former Member
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Dear SDN,

We want to implement material ledger.

I want to know what are the changes that will have to be done in

the period close procedure.

ie the incremental and different steps to be done after implementing material ledger

to close books for the period

regards,

Accepted Solutions (0)

Answers (2)

Answers (2)

Former Member
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answered

Former Member
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Hi,

In my view this depends on what you are using the ML for. If you want to roll up the price differences then you will have to run the material ledger closing steps (TA CKMLCP) prior to the FI period closing procedure.

If you are using ML only as an additional reporting level, i.e. you do not intend to clear your price difference accounts, then you basically donu2019t have to do anything in addition to you current closing procedures.

Another thing that springs to my mind is that with active ML you cannot reverse the MM period change.

Rgds

Karl

Former Member
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Hi Karl,

Dont we have to do

CKMH - Determine Material Prices (Single-Level)

CKMI - Post Closing

CKMLCP - Edit Costing Run

CKMDUVACT - Distribution of Activity Differences

CKMDUVMAT - Distribution of Inventory Differences

CKMDUVREC - Enter Actual Activity Quantities

Can you explain the closing steps (and the accounting entries which follow) plz.

regards,

former_member740051
Contributor
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Hi,

CKMLCP will take care of Selection of materials, Single lever,multi lever price determinatioan, Post closing and marking of price for next period.

While performing CKMLCP,

1. The actual price of the current month will become planned price of the next month. (marked price will be released in the new period)

2. The stock values will be redetermined and gain or loss will be posted as per OBYC setting for ML.

The below activities in generally happened once in 3 months or once in a year according to business decision.

CKMDUVACT - Distribution of Activity Differences

CKMDUVMAT - Distribution of Inventory Differences

I hope, it helps!