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Use

To transfer the results of a standard cost estimate as the standard price in the material master, you must mark and release the standard cost estimate.

You can mark the following:

For further information, see Marking Standard Cost Estimates.

For more information about this, see Using a Costing Run to Mark the Standard Price.

Integration

When you mark a standard cost estimate, the costing results are written to the costing view of the material master as the future planned price.

For new cost estimates, you can access the future standard price to valuate the materials. For more information, see Valuation of Materials.

Prerequisites

Marking the standard cost estimate has been allowed. The marking allowance specifies the company code and period in which you can mark a standard cost estimate with a given valuation variant and costing version. You cannot mark cost estimates/costing versions with different valuation variants in this period.

For more information, see Updating Standard Prices.

Features

You mark the cost estimate and transfer the costing results into the material master as the future standard price.

Note

You can mark the cost estimate more than once at any time (until you release it).

Note

You can cancel the allowance for marking and thus the marking of standard cost estimates. For more information, see Allowing Marking and Displaying What Is Allowed.

Note

If you want to work with multiple valuation views, you can mark all of the views (legal valuation, group and profit center). For more information about costing multiple valuation views, see Structure link Multiple Currencies and Valuations for Materials and Group Costing.

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