Assign Material Ledger Types to Valuation Area in SAP S4 Hana

How to Assign Material Ledger Types to Valuation Area in SAP S/4 Hana

After the configuration of the Assignment of currency types and Material Ledger Types, the next configuration step is the assignment of material ledger types to the valuation area in the SAP S4 Hana system.

The link between Material Ledger Type “1000” and Valuation Area AP01 will be established through the assignment of Material Ledger Type to the Valuation Area in SAP S4HANA.

  • Transaction Code: OMX3
  • IMG path: SAP Reference IMG > Controlling > Product Cost Controlling > Actual Costing /Material Ledger > Assign Material Ledger Types to Valuation Area in SAP S4 HANA.

Step 1: Execute the transaction code “OMX3” or follow the IMG Path and execute the IMG activity “Assign material ledger types to Valuation Area

Assign Material Ledger Types to Valuation Area in SAP S4 Hana Path

Step 2: On the change view “Assignment of Material Ledger Types to Valuation Areas” screen, click on the “New Entries” button

Assignment of Material Ledger Types to Valuation Areas in SAP S4 Hana

Step 3: On the new entries screen, update the following details

  • Valuation Area: Update the valuation area key (Plant key).
  • Material Ledger type: Update the material ledger type key for assignment to the Valuation area.
  • The status will be automatically turned on to a Green color.

Assign Material Ledger Types to Valuation Area in SAP S4 Hana

Click on the save icon and save the configured details.

Note: IF the status is in red color status, follow these steps

IMG path: Financial Accounting > Financial Accounting Global Settings > Ledgers > Ledger > Define Settings for Ledgers and Currency Types.

  1. On the Change View “Ledger” overview screen, select the leading ledger “OL” and double click on “Company Code Settings for the Ledger”
  2. Click on position and enter your company code
  3. Check the Local Currency Type and Global Currency Type.
  4. Company Code Settings for ledgers in SAP Hana
  5. Click on the save button.
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