A purchasing info record contains information for the procurement of a material from a certain vendor, such as conditions negotiated with the vendor. Costing enables you to access this information in the following areas:

To access prices in purchasing info records, you must make the following settings in Customizing:

• Enter strategy L (price from purchasing info record) for material valuation in the valuation variant
• Enter a strategy for the valuation of subcontracting in the valuation variant
• Enter this valuation variant in the costing variant that you want to use for the cost estimate

The purchasing info record represents the link between the material and the vendor. It contains information about the vendor, and about the materials and activities that you have obtained from the vendor, such as data on quantities, prices, price changes, and other costs.

Costing enables you to access this information in order to:

• Include delivery costs contained in the purchasing info record, such as freight charges, duty costs, and insurance costs, in the costing results This enables you to carry out raw material costing: Instead of the price being taken from the material master, an actual cost estimate including overhead calculation for raw materials and material components is executed, that does not itself have a quantity structure (BOM, routing).
• Valuate subcontracted materials
• Valuate externally-processed operations

For more information about performing costing, see the following: