Profit Center Accouting-Transfer Prices

[Former Member]

Hi,

For Profit center valuation, Activation of Material Ledger is mandatory?

[Former Member]

Yes,

For Transfer Prices & Multiple Valuation "Activation of Actual costing / Material Ledger" is mandatory..

Once ML is activated it cannot be deactivated again.

Between, if any one having any material on Transfer prices nad multiple valuation kindly share with me.

Especially AC650

Thanks- aravind

[deepa_khatri]

Hi,

Be careful before activating MAterial Ledger because once you activate it it can't be possible to deactivate it.With activation of ML there are lot of other activities involved which you will have to perform on Material Masters.Material Ledgers are used for actual costing of materials.Value material using periodic unit price.

thanks

Deepa

[Former Member]

Be careful if you are considering activating the Material Ledger---from what I understand it is not possible to de-activate it.

[Former Member]

Yes, you need to create a Valution profile, assign to the Valuation area and activate Material Ledger.

[Former Member]

Hi,

adding to Suraj's answer, U need the material ledger activated as you valuate the materials at different price (profit center price) while transacting between profit centers other than standard cost. This comes under materials with multiple valuation which is possible only through material ledger activation.

kc