what is the relevance of standard price, moving average price, future price

[Former Member]

hi,

sap gurus,

what is the relevance of standard price

moving averge price

future price.

in material master record

2. i want to block the material from creation of sales order

where in material master the settings are there.

my id is timmampalli@gmail.com

regards,

balaji.t

09990019711.

[Former Member · Accepted solution]

Hi,

Standar Price : This price is generally maintained for Finish Goods and its purely depends on company to company. This is called cost price of the particular product.

Standar Price Calculation for FG:

Raw Material Cost + Processing Cost(Production Cost)Over Heads Freigh.

This price is updated automatically in Material Master record after costing run through CK11N by Finance.

Moving Average Price: This price is applicable for Raw Material and it also purely depends on the company to comapny.

Moving Average price calculation:

Total Value of Stock / Total Stock

This price is update automatically at the time of goods receipt or consumption or Invoice verification into Material master.

Regarding Futur price- I dont have much idea for the same.

Regarding Material Block, just check in Basic data view, there is option of blocking the material.

Rewards if it helps

Regards

Goutham