Organizational measure in material costing.
When you release a standard cost estimate for a material, the results of the cost estimate are written to the material's master record as the current planned price and the current standard price.
A standard cost estimate must be marked before it can be released.
Refers to a procedure whereby individual work activities in Treasury Management are checked by one or more persons other than the user. The release principle and the release objects can be defined as required.
Document used to request from the vendor, as and when required, part of the total quantity or value of goods or services previously agreed upon in an outline agreement.
The release, giving the vendor the "green light" to go ahead and deliver, contains data such as the exact quantities to be delivered and the delivery dates.
Types of releases:
Function which makes time sheet data available for further processing or for transfer to the target components.
When users release data, they determine that no more changes should be made to the data. Depending on the settings for the data entry profile, the data is released either automatically when it is saved or manually by the user in the release view.
Document used to request from the vendor, as and when required, part of the total quantity or value of goods or services previously agreed upon in an outline agreement.
The release contains data such as the exact quantities to be delivered and the delivery dates.
Example