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Material Ledger Accounting

Tracks inventory value and price changes

Material Ledger Accounting records and tracks inventory value, price changes, and production variances to provide decision-making data for organizations to manage inventory in the most optimal way.

5 minutes 5 Questions

Material Ledger Accounting in SAP S/4HANA is a comprehensive solution for valuation and costing of materials at the organizational level. It serves as an extension of the traditional inventory accounting functionality by providing multiple valuation approaches and enhanced cost analysis capabilitie…

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SAP S/4HANA - Material Ledger Accounting Example Questions

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Question 1

What is a key benefit of Material Ledger Accounting in SAP S/4HANA?

Automatic determination of sales prices for materials Integration with Production Planning module Calculation of actual costs for finished goods Simultaneous valuation of materials in multiple currencies Real-time analysis of financial KPIs Automated intercompany reconciliation

Correct Answer: Simultaneous valuation of materials in multiple currencies

One of the key benefits of Material Ledger Accounting is the ability to valuate materials simultaneously in multiple currencies, providing more accurate and flexible inventory valuation.

Question 2

Which currency types can be used in Material Ledger Accounting?

Controlling area currency, Legal valuation currency, and Profit center currency Base currency, Local currency, and Global currency Functional currency, Transaction currency, and Reporting currency Company code currency, Group currency, and Hard currency Presentational currency, Foreign currency, and Object currency Accounting currency, Document currency, and Transaction currency

Correct Answer: Company code currency, Group currency, and Hard currency

Material Ledger Accounting uses Company code currency, Group currency, and Hard currency for valuating and reporting inventory.

Question 3

What is the main purpose of Material Ledger Accounting in SAP S/4HANA?

To manage customer invoices To handle bank reconciliation To provide actual costing and valuation of inventory To calculate taxes on sales transactions To analyze project costs To manage fixed assets

Correct Answer: To provide actual costing and valuation of inventory

Material Ledger Accounting is used to provide actual costing and valuation of inventory, which is crucial for accurate financial reporting.

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