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3. Creating Material Master for Raw Material (MM01 / MM02) 3.1 Select the Material Type For Raw Materials → ROH 3.2 Views to Select Basic Data 1 & 2 Purchasing MRP 1–4 Accounting 1–2 Costing 1 Storage & Warehouse (if required) 3.3 Mandatory Fields to Maintain Basic Data Material Description Base Unit of Measure (KG, LTR, PCS) Material Group Old Material Number Purchasing View Purchasing Group Order Unit (should match base unit or define conversion) MRP Views MRP Type (PD – MRP) Lot Size (EX – Lot-for-Lot) Procurement Type (F – External) Safety Stock (if required) MRP Controller Reorder Point (if V2/V1) Accounting 1 Valuation Class (3000 for Raw Material) Price Control (S = Standard OR V = Moving Average) Moving Price Standard Price Costing 1 Costing Lot Size Overhead Group (optional) 3.4 Posting of Material Master Fields to FI Material Master Field FI Impact Valuation Class Determines which stock G/L account is posted (via OBYC BSX) Price Control (S/V) Determines valuation method (Standard / Moving Avg) Price Used for inventory valuation, cost estimate MRP Views Create PRs impacting FI commitments 4. Activate Material Ledger in SAP S/4HANA Material Ledger (ML) is mandatory in SAP S/4HANA for inventory valuation and actual costing. ML provides: Actual Costing Multi-currency valuation Parallel accounting Real-time stock value accuracy 4.1 Steps to Activate Material Ledger Step 1: Activate Material Ledger for Valuation Area T-Code: OMX1 / SPRO Path: SPRO → Controlling → General Controlling → Material Ledger → Activate Material Ledger Select: Company Code Plant Enable Material Ledger