Releasing Standard Cost Estimates (SAP Library - Product Cost Planning (CO-PC-PCP))

Releasing Standard Cost Estimates

Prerequisites

Caution

Before you release a standard cost estimate, make sure that the future standard price is correct, since you can only release once per period. As soon as the cost estimate has been released for a material in a company code, you cannot repeat the standard cost estimate, marking or release in this posting period.

Recommendation

Check the costing results before you release the standard cost estimate. You can use the Information System reports to compare the cost estimate price with the current standard price and display variances. For further information, see the following:

Reports in Product Cost Planning

Analyzing the Costing Run

Price vs. Costing

Procedure

Choose Accounting ® Controlling ® Product Cost Controlling ® Product Cost Planning ® Material Costing ® Price Update.

The screen Price Update: Mark Standard Price appears.

Choose

This graphic is explained in the accompanying text

Release.

The screen Price Update: Release Standard Price appears.

Enter the posting period and fiscal year.

Restrict the cost estimates to those you want to release.

You can restrict the selection to company codes, plants, and/or material numbers.
If required, choose to select a variant for the selection of cost estimates.

By turning the indicator on or off, you determine whether:

Release should first take place in the test run

A list should be output

Release should take place using parallel processing

Release should take place in the background

Choose to execute the release.

Note

If you have set the indicator Background processing, release is not carried out immediately. The system next displays the dialog box Background Processing: Job Parameters.

Set the indicator Immediate start if you want to start the release immediately in the background, or enter the date from which the job should be started. Choose

Date/Time to enter an exact start date

After job or After event to specify that the release should not start until after the completion of another job or after a particular event
Copy to save your entries and schedule the job
or System ® Own jobs to display an overview of all jobs

For more information, see Background Processing.

Result

When you have released the standard cost estimate, the corresponding future standard prices are updated as the current standard prices in the material master. How often you release a standard cost estimate depends on its planned validity period. If stocks of materials exist, the stock value changes and a document is created in Financial Accounting documenting the price change. For further information, see Document Display.

If you carried out the release online but did not set the indicator With list, the system issues a message containing the information as to how many standard cost estimates were released successfully or had errors.

If you carried out the release online and set the indicator With list, the system displays a list of materials that were released or, in the case of a test run, will be released. This list can easily be adapted to suit your requirements. For more information, see Functions of the ABAP List Viewer.

If you choose in this list, you can go to the log containing the system messages. You can also edit this log and adapt it to your requirements. To go to the long text of a message, place the cursor on the desired line and choose .

To go back to the list of marked materials, choose in the toolbar of the log. For more information, see Logs in Material Costing.

To return to the screen Price Update: Mark Standard Price, choose This graphic is explained in the accompanying text in the application menu. If you choose Log in this screen, you can call the log which you last generated once again.