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Object documentation Prices  Locate the document in its SAP Library structure

Definition

The price table in Inventory Accounting contains all prices of the different price types. The price type inventory price has a special meaning in Inventory Accounting:

Inventory Price

Price at which a material inventory is valuated during a period.

The inventory price can change during the period, but there is only ever one inventory price for any given financials period:        

·        Postings in the current period are valuated with the current inventory price.                             

·        Postings in prior periods are valuated with the last valid price of that period.

Use

Materials are valuated with the inventory price using the formula Quantity x Price = Inventory Value.

Depending on the price type, the prices in the price table are based on either the period or a specific date. This difference comes into play when the prices are changed.

The following functions are available for managing prices:

·        Price Release

·        Changing Material Prices

·        Displaying Material Prices

·        Price Comparison

·        Displaying the Material Price History

Prices are changed automatically (automatic price determination and automatic price change) or manually:

This graphic is explained in the accompanying text

Integration

Once you have activated the Catch Weight solution, price changes are made in the price table of Inventory Accounting rather than in the material master.

 

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