Releasing Planned Prices 
Prerequisites
The planned prices must exist in the system and they must be valid (validity date). If no valid planned prices exist in the system, the materials will continue to be valuated with the valuation price used up to this point.
If the material ledger is active and you have set the price determination indicator in the material master to 3, then the following prerequisites must be fulfilled:
- The status of the material ledger data for the current period is as follows: Period opened or Price change complete This means that there has been no goods movement, invoice, or order settlement posted for the material after execution of the period closing program.
- The closing entries for the previous period’s material price determination have not yet been made.
Procedure
Choose Logistics ®
Materials Management ®
Valuation ®
Material Price Change ® Release Planned Pricesor
Choose Accounting ® Controlling
® Product Cost Controlling
® Actual Costing/Material Ledger
® Material Ledger
®
Set Prices ®
Release Planned Prices.Enter data as required.
Enter threshold values for the price changes, if necessary.
Specify whether the program should be run as a test run or an update run.
Choose Execute.
A list with information about price changes and the corresponding revaluations appears.
To see the log, choose Message list.
Result
The system does the following:
- Updates the valid future prices (in the various currencies and valuations) as the current standard price or valuation price.
- Calculates a revaluation amount for the specific inventory quantity and revaluates the inventory value by this amount.
The offsetting entry takes place in the revaluation account in accordance with account determination.
If no material stock exists, only the price is changed.
- Creates documents for the price change
- Creates change documents for the material master
See also:
Displaying Price Change Documents