Material Ledger Means :

1. Material Ledger is activated to calculate the Periodic Unit Pricing.
2. It overcomes the disadvantages of Standard Price and also the Moving Average Prices.
3. With Material Ledger you would be able to calculate your inventory values (via Periodic Unit Price Calculation and Revaluation) at actual cost.
4. Whatever actual costs are incurred during the month are rolled up using a single level and multilevel price determination process also keeping in mind all the material movements during the month to the final product. And accordingly either inventory values (if the material is in stock) or the Cost of Goods Sold (if it is sold) or both are adjusted. So, all variances are moved to the products.