How to update the Material Price of Finished Product

[Former Member]

Dear All,

I am mapping the production of a finished product through PS without using the Production order.I am maintaining the standard price of finished product as zero in the material master.

suppose the cost of

Raw Material 1 is 100 INR

Raw Material 2 is 150

Activity cost is 50

So the cost of finished product should be 10015050 =300.

Can anyone please let me know how should I transfer this cost to the finished product?

I want this because at the time of delivery the cost of finished product is zero which is not acceptable.

Regards,

B P Singh

[Former Member · Accepted solution]

Hi,

If you are looking for the system to settle total activity cost on to material as its price, I dont see that happening in PS. Bcoz settle to material isnt available in PS.

In my opinion as the material will be produced inhouse you need to maintain standard price which doesnt change now and then. Change the standard price in MR21. Further all actual cost will be at activity level on confirmation, which can settled to suitable receiver.

Regards

[Former Member · Accepted solution]

Thanks a lot Shrikant.

B P Singh