The following tables show the effects that the delivery of the production order to the warehouse and the settlement of the actual costs for the production order to stock have on the material master record of the material produced.
The production orders are identical in both tables, apart from the price control indicator.
The actual costs of the production order amount to US$ 105.00:
The order was credited with US$ 100.00 when the material produced was delivered to stock.
The order was credited with the remaining US$ 5.00 of the order costs when the order was settled.
Material Master Record with Price Control Indicator "S"
Fields in material master record |
Before production |
After delivery |
After settlement |
GLD price |
10.00 US$ |
10.00 US$ |
10.25 US$ |
Standard price |
10.00 US$ |
10.00 US$ |
10.00 US$ |
Total stock |
10 |
20 |
20 |
Total value |
100.00 |
200.00 |
200.00 |
Material Master Record with Price Control Indicator "V"
Fields in material master record |
Before production |
After delivery |
After settlement |
GLD price |
10.00 US$ |
10.00 US$ |
10.25 US$ |
Standard price |
0.00 US$ |
0.00 US$ |
0.00 US$ |
Total stock |
10 |
20 |
20 |
Total value |
100.00 |
200.00 |
205.00 |