Releasing Standard Cost Estimates

Prerequisites

Before you release a standard cost estimate , make sure that the future standard price is correct, since you can only release once per period. As soon as the cost estimate has been released for a material in a company code, you cannot repeat the standard cost estimate, marking or release in this posting period.

Check the costing results before you release the standard cost estimate. You can use the Information System reports to compare the cost estimate price with the current standard price and display variances. For further information, see the following:

Procedure

  1. Choose Start of the navigation path Accounting Next navigation step Controlling Next navigation step Product Cost Controlling Next navigation step Product Cost Planning Next navigation step Material Costing Next navigation step Price Update Next navigation step . End of the navigation path

  2. The screen Price Update: Mark Standard Price appears.

  3. Choose Release .

  4. The screen Price Update: Release Standard Price appears.

  5. Enter the posting period and fiscal year.

  6. Restrict the cost estimates to those you want to release.

  1. You can restrict the selection to company codes, plants, and/or material numbers.

  2. If required, choose to select a variant for the selection of cost estimates.

  1. By turning the indicator on or off, you determine whether:

  • Release should first take place in the test run

  • A list should be output

  • Release should take place using parallel processing

  • Release should take place in the background

  1. Choose to execute the release.

Note Note

If you have set the indicator Background processing , release is not carried out immediately. The system next displays the dialog box Background Processing: Job Parameters.

Set the indicator Immediate start if you want to start the release immediately in the background, or enter the date from which the job should be started. Choose

End of the note.

  • Date/Time to enter an exact start date

  • After job or After event to specify that the release should not start until after the completion of another job or after a particular event

  • Copy to save your entries and schedule the job

  • or Start of the navigation path System Next navigation step Own jobs End of the navigation path to display an overview of all jobs

For more information, see Background Processing .

Result

When you have released the standard cost estimate, the corresponding future standard prices are updated as the current standard prices in the material master. How often you release a standard cost estimate depends on its planned validity period. If stocks of materials exist, the stock value changes and a document is created in Financial Accounting documenting the price change. For further information, see Document Display .

If you carried out the release online but did not set the indicator With list , the system issues a message containing the information as to how many standard cost estimates were released successfully or had errors.

If you carried out the release online and set the indicator With list , the system displays a list of materials that were released or, in the case of a test run, will be released. This list can easily be adapted to suit your requirements. For more information, see Functions of the ABAP List Viewer .

  • If you choose in this list, you can go to the log containing the system messages. You can also edit this log and adapt it to your requirements. To go to the long text of a message, place the cursor on the desired line and choose .

  • To go back to the list of marked materials, choose in the toolbar of the log. For more information, see Logs in Material Costing .

To return to the screen Price Update: Mark Standard Price , choose in the application menu. If you choose Log in this screen, you can call the log which you last generated once again.