This session will cover what the Material Ledger is, why it matters, and how to prepare your data, processes, and design for a smooth transition. You’ll leave with a practical understanding of how to make the most of Material Ledger in your SAP S/4HANA Finance landscape. Take this opportunity to see an overview of the 5 key functions that Material Ledger provides.  See which functionalities are available with mandatory  activation of Material Ledger in SAP S/4HANA and which ones you need to activate yourself. Learn best practices for configuring Material Ledger and for trouble shooting issues post go-live.  What are the key decisions you need to consider before implementing Material Ledger.  Understand how Material Ledger integrates with the Universal Journal. See the key Material Ledger reporting transactions and how they are used in ECC. Learn the correct sequence of steps required to activate the material ledger in an SAP system that is already up and running. Find out what’s required to convert your parallel currency, parallel valuation, and actual costing data to be compatible with the material ledger. Gain insight into how to detect (and correct) MM and FI-GL errors in order to perform a successful conversion.

You will:

• See the five different ways Material Ledger can be used.
• See what functionality is and is not activated with mandatory Material ledger in SAP S/4HANA.
• See details of what is involved in implementing material ledger.
• Understand the best way to prepare for Material Ledger when transitioning from ECC to SAP S/4HANA.
• Learn how to optimize Material Ledger activation and data conversion.