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Period/Year

Definition

In the field Period/year, you can explicitly set the validity date for which you want the system to look for a valid product cost estimate. The system uses the first day of the period you specify. In other words, the system looks for a material cost estimate with a valid-from date corresponding to the first day of the period you enter.

When defining the costing key, you can enter either a costing date, a period, or a value for the plan periods indicator.

Additional information

For more information about this field, see:

Period/year

Significance of the costing date in Product Cost Accounting