Assign currency types to a material ledger type

In this step, you create

material ledger types and allocate currency types to these material ledger types.

Activities

1. Specify which currency types you want to use for the respective material ledger type.
2. Choose the function New entries.
3. Enter a four-digit identification code in the field ML type. The first character of this identification code must be a letter.
4. Specify which currency types you want to use for the respective material ledger type. You have the following options:

If you wish to use others, enter up to three currency types in the fields Currency type 1, Currency type 2, and Currency type 3.

1. Save your entries.

Further notes

Before converting data for production startup, make sure that the currency settings in Financial Accounting and in the Material Ledger are correct. You cannot change the currencies, currency types and material ledger types after production startup.

In Customizing for Financial Accounting, you can display the currency types that belong to a certain company code.
Display currency types in Financial Accounting .

In the currency and valuation profile, you can display the currency types belonging to a particular controlling area.

To ensure that information is consistent in Materials Management, Financial Accounting and Controlling, ensure that the group currency is used as the controlling area currency