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Material Master - Standard Price

Former Member
0 Kudos

Please suggest - how to change(update) the "Standard Price" of the material in Accounting view of the Material Master ?

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
0 Kudos

Hi,

(do reward if this is useful)

Price Update:

In the R/3 menu go to the screen view by the following path:

Accounting-Controlling-Product Cost Controlling -


Product Cost Planning MaterialCosting----


Price update

On the Price Update: Mark Standard Price Screen, choose Other Prices.

The Other Price Update: Release Other Prices screen appears.

Enter data to restrict the cost estimates whose results you want to copy to the Material master

In the Update Prices in Material Master Record group box, set the Commercial Price 1 checkbox.

Choose Execute (F8) to carry out the update.

On the Price Update screen, the system provides a short log for the test run. The log contains green traffic lights and the message “Of 1 materials, 1 cost estimates were updated successfully.”

Choose Back until you get to the Price Update: Release Other Prices selection screen.

Use the same selection parameters as in the test run for the price release. Scroll down to the bottom of the screen. Deselect the Test Run indicator in the Processing Options group box.

Update the prices in update mode and choose Back.

Call up transaction MM03 and check that the prices have been updated in material master C10150.

The lowest value is determined in inventory costing when the prices are updated in the material master record. The system compares the valuation price according to price control for the current period or previous period with the costing result. If the valuation price is lower, this price is updated, rather than the value determined in inventory costing, as the tax or commercial price.

Result

Commercial price 1 has been updated in the Accounting 1 view in the material master.

<b><<<PLEASE REWARD POINTS IF THIS IS USEFUL>>>

</b>

Regards

AK

Answers (2)

Answers (2)

Former Member
0 Kudos

Hi Abhi,

see the below link of compleate documentaion fo MM

http://help.sap.com/printdocu/core/Print46c/en/data/pdf/CAARCMM/CAARCMM.pdf

http://help.sap.com/printdocu/core/Print46c/en/data/pdf/MYSAP/SR_MM.pdf

if u feel it is useful award points by way of thanks.

nagesh

Former Member
0 Kudos

Thanks a lot for this link.

Former Member
0 Kudos

hi Abhijeet,

User MR21 to change the price of a material. This will create an accounting document

prasanna

Former Member
0 Kudos

Thanks a lot.