Show TOC
Transfer of costing data in the material master
record
Description
In release 3.0 you can transfer data from product costing to the following
fields of the material master record:
Inventory costing is used to calculate the
values applied for tax-based and commercial stock valuation. In the MM module,
the values of material stocks are adjusted according to the
recognition-of-loss principle. Inventory costing is carried out on the basis
of the new material prices.
In inventory costing, you can also
- define a
cost component view according to which only the variable
portions of specific cost components are transferred to inventory
valuation
- define a
valuation variant according to which a plan version is used for
the valuation of internal activities, and which adjusts the values of internal
activities according to the recognition-of-loss principle
- define factors for the costing relevancy indicator that adjust the values
of specific BOM items and operations using percentages
In release 3.0 you can transfer the results of
inventory costing as the tax-based or commercial price in the accounting view
of the material master record.
You can define valuation variants that access
planned prices for the following purposes, for example:
- to use the results of the current cost estimate as the basis for the unit
cost estimate for a sales document
- to use the results of the modified standard cost estimate as the basis for
the valuation of goods received for crediting the production order
Change system parameters in customizing
To be able to transfer inventory costing data to the accounting view of the
material master record, you have to choose a costing type that has either the
Tax-based price or the Commercial
price indicator set for it. You must also make sure that the
corresponding cost components are flagged as relevant for the tax inventory or
commercial inventory, and that the cost component views for the tax inventory
and commercial inventory are correctly defined.
To be able to transfer an adjusted standard cost estimate or a current cost
estimate to the costing details, you have to choose a costing type that has
the Other (not std price) indicator set for it.
For more information, see the Implementation Guide for Product Cost
Accounting.
Changes in procedure
To transfer the results of a cost estimate to the material master
record:
1. Choose Logistics ->
Production -> Product costing -> Costing -> Update -> Other
prices .
2. Enter the following:
3. Specify which field is to be updated
(such as tax-based price 1).
4. For the adjusted standard cost estimate
or the current cost estimate, you also specify:
- the date from which the planned price is to be valid
5. Choose
Execute.