Use
If there have been significant price fluctuations for raw materials and semifinished products procured externally during the period, you can change the standard price for these materials manually.
Features
You can only
release a standard cost estimate once in a period. This ensures that the costing results remain the same during a given period. The effects of this are as follows:You cannot mark or release a second time within the same period.
You cannot define this message using user-defined error management as an information or warning message.
Although you can cost the material, you cannot save the results.
You cannot define this message using user-defined error management as an information or warning message.
However, in Customizing for Product Cost Planning, you can have the system issue this error message as an information message for certain users, instead of an error message. These users can change the standard price manually in MM. To access the price change functions in MM, choose Logistics ® Materials Management ® Valuation ® Valuation ® Price determination ® Change price.
After a standard cost estimate is released, the new standard price for the period is updated in the material master record as the current planned price and as the current standard price (see also: