Valuation of Materials
In Material Costing
For each BOM item that is relevant for costing, the system decides the following:
In Reference and Simulation Costing
For each material, the system decides whether the costs should be calculated using a price from the material master record or from the purchasing info record.
You determine which price is selected for items such as raw materials or purchased parts by defining a valuation variant in Customizing for Product Cost Planning and assigning it to the costing variant. The valuation variant contains a search sequence that can have a maximum of five prices. You can select prices from the material master and purchasing info records. For the cost estimate, the system searches in the sequence specified for these prices.
You can access various prices in the material master record, such as:
For prices from the purchasing info record, enter strategy L and create a separate strategy sequence for prices from purchasing info records. You can access various prices in the purchasing info record, such as net or gross quotation prices, and net or gross order prices. For more information, seeDetermining Vendors.
You can also access a manually entered cost component split (Additive Costs).
The price for non-stock items is taken directly from the BOM. (See
You have defined the following strategy sequence for material valuation:
If the system finds a value in the field Planned price 1, it transfers this value to valuate the material. If no value is found there, the system uses the value in the field Standard price. If there is no standard price for the material, the value in the Moving average price field is used.
Implementation Guide (IMG) for Product Cost Planning
If you use the Material Ledger component, you can find more information about valuating materials under Actual Costing/Material Ledger (CO-PC-ACT) in the following sections:
For more information about material valuation in the SAP System, seeMaterial Valuation in the SAP System.