How to use OMX2 - Define Material Ledger Type

SAP Transaction Code - Details

• Transaction Code: OMX2

  Description: Define Material Ledger Type

  Release: S/4HANA and ECC 6

• • Program:

    Screen: 0

    Authorization Object:

  • Development Package: CKMC

    Package Description: Customizing for Material Ledger

    Parent Package: APPL

  • Module/Component: CO-PC-ACT

    Description: Actual Costing/Material Ledger

Smart SAP Assistant

• SAP Tcode: OMX2 - Define Material Ledger Type

  
  Overview:
  The SAP transaction code OMX2 is used to define material ledger types in the SAP system. It is used to create and maintain material ledger types, which are used to control the valuation of materials in the system. 
  
  Functionality: 
  The OMX2 transaction code allows users to define material ledger types, which are used to control the valuation of materials in the system. This includes setting up the valuation methods, such as standard price, moving average price, and FIFO. It also allows users to set up the currency and exchange rate type for each material ledger type. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code OMX2 in the command field. 
  2. Select “Create” from the menu bar. 
  3. Enter a name for the material ledger type and select “Save”. 
  4. Select “Valuation” from the menu bar and enter the valuation method, currency, and exchange rate type for the material ledger type. 
  5. Select “Save” to save your changes. 
  
  Other Recommendations: 
  It is important to note that when creating a new material ledger type, it must be assigned to a company code before it can be used in the system. Additionally, it is recommended that users familiarize themselves with all of the available options for setting up a material ledger type before using this transaction code.