Material valuation IFRS

Hello experts,

We are working on an ECC 6.0 implementation for IAS/IFRS. Therefore, it is necessary to have two accounting ledgers (IFRS ledger and Legal ledger for the country - Chile) in order to support two different kind of material valuation (one of the ledger must have a special valuation procedure for material).

Is it possible to manage a parallel valuation of material without material ledger?

Thanks in advance for your help

Regards,

Ricardo