Cost price update

Hi guys
i have a problem in updating cost price for all finished goods
we set in MM for all Raw Materials, process chemcials and packaging materials as moving average price and semi and finished goods  items as standard
our raw material and packaging items changes prices once in a month based on international market prices. when we started SAP we updated these items prices and that price showing standard price field.
now when i updated FG cost price it is taking standard price cost for BOM and updating cost price and is not giving accurate costing. everymonth cost price is same since it is not taking moving average field price which is correct one
so guide me everymonth how to replace standard price field with moving average price field in MM so that cost price of the finished product will be accurate
total items are more than 4000 so please do not guide me to change manually by using MR21
Regards
Ved sai dut

Hi Ved,
Please check the priority of strategy sequence in the Valuation variant assigned to your Costing variant in Tcode OKKN. The first priority might have been set to standard price.  So, Change it to 'Moving average price' and the system will read the prices in the Moving average price field in the material master.
You DO NOT have to use MR21 or change any material prices or use material ledger. If you set the priority to moving average price, the system  automatically reads those prices in the BOM items while costing.
Hope this should resolve your issue.
Regards,
Vishnu.

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  • Material Standard Price update.

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