How to extend the validity period of Cost estimate
Hi Gurus,
The validity period of Standard Cost estimate is up to the end of fiscal year. how can we get the same Cost estimate from the begining of new fiscal year.
for example let Materila X, which has 550 as a Cost estimate.the validity period of this cost estimate is up to 31/03/2009. now i want same cost estimate for Material X, from 01/04/2009 on wards.
is it possible to get the same cost estimate from the 01/04/2009 or Do I need to run CK11N, CK24?
can anybody help me.
Thanks&Regards
Prareddy
hi,
If you want to get the same cost estimate for future use. You have to create a new cost estimate using the Dates as below
Costing date from :01/04/2009
Costing date to :Any date you desire (preferably end of 2009 financial year)
Qty structure date: As of your previous cost estimate for the material X
Valuation date :As of your previous cost estimate for the material X
Using this procedure you will have the old costs ie 550 in the cost estimate but will extend the same to as long as you desire.
Revert back for more information
Thanks
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