Material Ledger Closing
While material ledger closing using CMKLCP,i need clarification for the following process.
3. Revaluation of Consumption
4. WIP Calculation
6. Price update.
can anyone explain about the above process outcome, what is the difference between material ledger WIP Calculation and Production order WIP Calculation.
While price update for price control material S, we need to re run cost estimate or it will update the new prices.
Appriciated for valuable inputs.