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
Procedure
Releasing the Standard Price
The dialog box Price Update: Release Standard Price appears.
Release in test run only; the database is not changed.
The system displays a list of the released cost estimates.
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.
You return to the Edit Costing Run screen.
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