Show TOC

 Manual Changes to the Standard Price Locate this document in the navigation structure

Use

If there have been significant price fluctuations for raw materials and semifinished products procured externally during the period, you can change the standard price for these materials manually.

Features

You can only release a standard cost estimate once in a period. This ensures that the costing results remain the same during a given period. The effects of this are as follows:

  • If you attempt to release a standard cost estimate a second time within the same period, the system issues an error message.

You cannot mark or release a second time within the same period.

You cannot define this message using user-defined error management as an information or warning message.

  • If you attempt to cost the material a second time within the current period, the system issues an error message.

Although you can cost the material, you cannot save the results.

You cannot define this message using user-defined error management as an information or warning message.

  • If you attempt to change the standard price using the price change functions in MM , the system issues an error message ( M8 155 ).

Note Note

However, in Customizing for Product Cost Planning, you can have the system issue this error message as an information message for certain users, instead of an error message. These users can change the standard price manually in MM. To access the price change functions in MM, choose   Logistics   Materials Management   Valuation   Valuation   Price determination   Change price   .

After a standard cost estimate is released, the new standard price for the period is updated in the material master record as the current planned price and as the current standard price (see also: Releasing Standard Cost Estimates ). In contrast, after a manual change, the manually entered price becomes the current standard price . The current planned price from the material cost estimate remains.

End of the note.