SAP Transaction OMLT: A Step-by-Step Guide for SAP Users

Welcome to our tutorial on SAP transaction OMLT, a powerful transaction code used in SAP Materials Management (MM) module. In this tutorial, we will provide you with detailed instructions on how to effectively use OMLT to manage material pricing in your SAP system. Whether you are a beginner or an experienced SAP user, this tutorial will equip you with the necessary knowledge to navigate through OMLT with ease.

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Now, let’s begin our tutorial on using SAP transaction OMLT.

What is SAP Transaction OMLT?

SAP Transaction OMLT (Material Price Change) is a transaction code used in SAP MM to change the pricing of materials. It allows users to update material prices based on various factors such as currency exchange rates, discounts, or cost changes. With OMLT, you can easily manage and maintain accurate material prices, ensuring efficient cost control and profitability analysis.

Step 1: Accessing SAP Transaction OMLT

To start using OMLT, follow these steps:

1. Log in to your SAP system using your user ID and password.
2. Launch the SAP Easy Access Menu.
3. Navigate to the “Logistics” folder and expand it.
4. Locate and click on the “Materials Management” folder.
5. From the sub-menu, select “Valuation” and click on “Price Determination” to proceed to the OMLT transaction.

Step 2: Understanding OMLT Transaction Screen

Once you have accessed OMLT, you will encounter the OMLT transaction screen, which consists of various fields and tabs. Let’s explore each of them:

• Selection Criteria: This section allows you to specify the materials for which you want to change the prices. You can enter material numbers, plant codes, or other relevant criteria.
• Price Changes: Here, you can view and modify the prices of the selected materials. Each line item represents a particular material and its associated price.
• Conditions: This tab displays the condition types and their values for the selected materials. Condition types represent different pricing elements, such as base price, discounts, or surcharges.
• Messages: The messages tab provides information about any errors or warnings that may occur during the price change process.

Step 3: Changing Material Prices with OMLT

Now, let’s learn how to change material prices using OMLT:

1. Start by entering the selection criteria for the materials you want to change the prices for. You can specify material numbers, plant codes, or any other relevant criteria.
2. Move to the “Price Changes” tab and locate the line item corresponding to the material you want to modify the price for.
3. Enter the new price in the appropriate field. You can also specify the validity period for the new price.
4. If needed, navigate to the “Conditions” tab to view or modify the condition types and their values for the selected material.
5. Once you have made all the necessary changes, click on the “Save” button to update the material prices.

Congratulations! You have successfully changed material prices using SAP transaction OMLT.

Step 4: Exploring Additional Functionality

SAP transaction OMLT offers various additional functionalities to streamline your material pricing processes. Here are some notable features you can leverage:

• Mass Price Changes: OMLT allows you to perform mass price changes by selecting multiple materials and updating their prices simultaneously. This feature saves time and ensures consistency in pricing across multiple materials.
• Price History: OMLT provides a price history functionality, allowing you to view and track the changes made to material prices over time. This enables better analysis and decision-making regarding pricing strategies.
• Price Simulation: You can use OMLT to simulate price changes before actually updating them. This feature helps you evaluate the impact of price changes on profitability and make informed decisions.

Conclusion

In this tutorial, we have provided you with a comprehensive guide on using SAP transaction OMLT in the SAP MM module. We covered the basics of OMLT, explained how to change material prices, and explored additional functionalities. Remember, continuous learning and practice are key to becoming proficient in SAP MM.

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