Material Ledger is mandatory in SAP S/4HANA. What do you need to know?

                             

Switching on the material ledger (ML) is mandatory in SAP S/4HANA as stated in the simplification list of release 1511 and is embedded in the product. This allows you to leverage the existing functionality of the ML to create a sub-ledger including multiple currencies and valuations for more granular detail on inventory transactions. NOT mandatory is the activation of actual costing functionality.
SAP Enterprise Support Academy will release two webinars in May to support you in activating the ML.

1. The first meet-the-expert (MTE) session covers material ledger deployment – for customers NOT using actual costing. If you have never used ML before, or already have data processes in place in maintaining your inventory valuation tables, this session will explain how ML works in SAP S/4HANA, and what has to be taken care of during system conversion or a new implementation, as well as the benefits ML will deliver.
2. The second MTE session is geared towards those of you who use ML today and are reporting your companys inventory and cost of sales at actual cost. You will see what has changed in SAP S/4HANA with respect to actual costing and what has to be taken care of during system conversion.

Before you can access the registration links, a one-time registration in SAP Learning Hub, edition for SAP Enterprise Support, is required. A detailed step-by step guide to registration can be found here.
Registration is open for the MTE sessions (recordings will be made available via the same links).

• SAP S/4HANA Material Ledger Without Actual Costing  | May 16, 2019 12:00 PM CET/Berlin
• SAP S/4HANA Material Ledger With Actual Costing | May 23, 2019 12:00 PM CET/New York

For more reading, please see the following two-part blog providing further insights on:
Why ML is mandatory in SAP S/4HANA
Use cases & scenarios in ML valuations