on 04-03-2008 7:50 AM
hi,
What is the difference B/m Moving average price and Standard Price maintained in the Material Master.
Which scenerio do we use them??
Cheerzz..
Raj..
Dear Rajashekar
Please check the link
[Price Control V or S in material type |http://www.sap-img.com/materials/price-control-v-or-s-in-material-type.htm]
thanks
G. Lakshmipathi
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Moving Average Price (MAP) is that the price will vary, based on cost of purchasing / production. MAP is commonly used in Material Master (--> Accounting View) for Raw Material & semi-finished products.
Standard Price is a price which is fixed, based on an estimate or actual cost based on previous history & expected changes in prices in future. Ideally FERT, HAWA are Material Type, which uuses Standard Price in Material Master --> Accounting View.
Regards,
Rajesh Banka
Reward points if helpful
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Hi
Standard price is the price which is present at this moment. For e.g material cost at which it was procured was Rs 100.
Moving average price comes when material is bought on differnt prices form time to time. For e.g
First procurement was done on Rs 100 with 100 stocks
Second procurement was done on Rs 90 with 90 stocks
Then your Moving Average Price is (100100+9090)/ 100+90
i.e. Total goods value divided by total stocks.
in this case it will be rs 95.26.
Hope it will help
Sumeet
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