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.

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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?

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

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?

Accounting currency, Document currency, and Transaction currency Functional currency, Transaction currency, and Reporting currency Presentational currency, Foreign currency, and Object currency Controlling area currency, Legal valuation currency, and Profit center currency Company code currency, Group currency, and Hard currency Base currency, Local currency, and Global 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 provide actual costing and valuation of inventory To manage customer invoices To handle bank reconciliation To manage fixed assets To calculate taxes on sales transactions To analyze project costs

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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