Last Calculated Price

[Former Member]

Good day All,

My client is using FIFO. My question to you is: When is the Last Calculated Price being updated?

Can anybody help, please?

Kind regards

Carin

[Former Member · Accepted solution]

Hi Carin,

Please check the following Expert session and see if it's of any help. Refer to the section last calculated price. There's also a nice section on FIFO.

https://websmp109.sap-ag.de/~form/sapnet?_SHORTKEY=01100035870000707558&_SCENARIO=011000358700000001...;

Kind Regards,

Matt

[msundararaja_perumal]

Hi,

For the FIFO item,while booking the Goods Receipt PO and Goods Receipt.

The Last Evaluated Price list is updated.

[K_Pauquet]

Hi,

that would be very unusual system behaviour. What localisation, version & patch level are you using?

All the best,

Kerstin

[K_Pauquet]

Hi Carin,

no matter what valuation method you use, the 'Last Calculated Price' is only updated when you run the stock (inventory) valuation report.

See OLH:

Price Lists Creation

You enter various price lists in the system so that different item prices can be suggested by the system for the transaction concerned.

Process

First, you define one (or more) base prices lists. In the base price list, you enter the price of each item once. You then refer all the other price lists you define to the base price list with a particular factor.

Example

For example, you could create price list A for regular customers, and price list B for customers that only make occasional purchases. The prices in price list B are to be 10 % higher. You define price list B for less regular customers and refer it to price list A with a factor of 1.1. The system then chooses the higher price for customers that only make occasional purchases and for whom price list B has been entered in the master record.

The advantage of this is that you only have to enter the price of an item in the system once (in the base price list). The system then calculates the prices valid for particular cases automatically on the basis of this.

End of the example.

To adjust prices, you simply change them once in the base price list. The change is then made automatically in all of the price lists that refer to the base price list.

To change the ratio of two price lists to each other, simply change the factor once. In the example above, you could change the factor to 1.15 so that the prices for customers that make occasional purchases are generally 15% higher than for customers that make regular purchases.

Ten price lists are predefined in the system. You can add prices to these, change them or delete them to map your pricing logic in the system. You can use all or just some of the defined price lists.

In addition, two price lists are automatically created and calculated by the system:

Last purchase price list u2013 the price list is automatically updated when an item enters the stock with its entering price.

Last evaluated price list u2013 the price list is automatically updated after you run the Inventory Valuation report.

More Information

Price Lists

Managing Price Lists

All the best,

Kertsin