Actual Costing / Material Ledger Objectives The application component Actual Costing/Material Ledger fulfills two basic objectives:

The ability to carry material prices in multiple currencies/valuations, and actual costing. Note Before activating the material ledger, make sure you know which currencies and valuations you want to use, because you cannot go back and change the setting. The Material Ledger Is Active If you have activated the material ledger in a plant, you can update valuated goods movements in multiple currencies and valuations. When you have activated the material ledger, you can choose between the following: 1. Transaction-based material price determination 2. Periodic material price determination If you want to determine material prices by period, you can choose between the following: 3. Single-level material price determination 4. Multilevel material price determination If you want to use single-level material price determination, see the following for more information: 5. Periodic Material Valuation 6. Multilevel Actual Costing If you want to use multilevel material price determination, see Multilevel Actual Costing