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author's profile photo Former Member
Former Member

Material Ledger help required

Hi

Our fiscal year starts from April and we are going live from 1st Sep (i.e. 6th period). We will upload opening balance on 31st August (i.e. 5th period) and start transactions from 1st September. We are going to use ML/Actual Costing activated. I have a few questions:

1. I will activate ML/Actual Costing and run CKMSTART after material master upload but before uploading of opening balances. Whether should I carry on or activate ML after opening balance upload?

2. Whether we should run CKMLCP for 5th period (i.e. for 31st August Opening/Closing balance) or not?

3. All SFGs and FGs have price control 'S' and we need to actualize the variances on these materials. Whether I should select Price Determination '3' in OMX1, so system propose Price Determination '3' for new SFG/FG materials and 'Price Determination '2' for materials with Price Control 'V' ? so user does not have to run CKMM after creation of new FGs/SFGs.

Please advise

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  • author's profile photo Former Member
    Former Member
    Posted on Aug 28, 2012 at 07:31 AM

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