Updating the Standard Price or Other Prices 

Prerequisites

The standard cost estimates have been marked for release.

After you release a cost estimate for a material in a company code, you cannot carry out marking or release again for the current period. Before you release a cost estimate, you should therefore make sure that the future standard prices are correct. For more information, see Analyzing the Costing Run.

Procedure

Releasing the Standard Price

  1. In the Release step, choose (Change parameters).

The dialog box Price Update: Release Standard Price appears.

  1. Specify the release procedure. You can use the following functions:

Release in test run only; the database is not changed.

The system displays a list of the released cost estimates.

  1. Choose Edit ® All Selections to enter further selection criteria.

The costing run which you are currently editing is displayed. You can change this proposal. You can also further restrict the selection to a particular company code or plant, for example.

  1. Save your entries with .
  2. Choose .
  3. You return to the Edit Costing Run screen.

  4. In the Release step, choose to update the prices.

The results of the standard cost estimates are updated in the material master record as the current standard price. At that time, the stock value of the material is changed and the new standard price for valuating material movements is active.

If you have set the Background processing indicator, the costing results are not released; instead, the system displays the Background Processing: Job Parameters dialog box. Enter the start date and other start criteria for the background job.

Choose Copy to schedule or start the job. Choose Goto ® Job Overview to branch to an overview of all background jobs.

If you choose Goto ® Schedule Manager, you access the Schedule Manager.

Updating Other Prices

  1. Choose .
  2. Choose Other prices.
  3. Specify the price field of the material master to which the costing results should be written.
  4. Specify the following:
  1. Choose Edit ® All Selections to define further selection criteria.
  2. Save the selection criteria, and choose Back.
  3. In the Release step, choose to update the prices.