Material and standard price.

Hi,
could be a material managed without any standard price ?
Best regards

Hi,
If I understand ur question, then answer is "YES".Like you procure non-valuated goods. Not required any valuation class or price control in accounting views.
If helpful then reward.
Regards,
Biju K

Similar Messages

  • Material Moving Price and Standard Price

    Hello All,
    what could be the reason for having both the Moving Av.Price and Standard price in Material Master of FERT?
    Can anyone explain me the business case
    Thanks
    Arshad
    Edited by: arshad ahmed on Apr 21, 2009 8:35 AM

    hi
    Standard price for FERT, it is assumed that the FERT material is in_house produced and is subject to costing, that is price will be subjected to changes due to reasons which are internal. for example Inhouse cost run, manual change or costing during confirmation. This price becomes the basis for sales of teh product, where we further add other expenses like transport/insurance/ handling  or any other  cost before sellling it.
    Moving Avg price means that the material is subject to price Variations due to Procurement or trading activity as it is a Finished material. If only activity would have been Trading then might be HAWA could have been the solution, since Procurement is involved the Moving Price indicator is there for weighted avg price updation of the material.
    Best regards

  • Moving average and standard price both maintained

    Hi,
    I have maintained both moving average price and standard price in material master, price control is V
    is there any impact of standard price any where in the system.
    Regards,
    Ali

    Hi,
    The system considers only the price maintained in price control V or S.So Which ever price is maintained it will consider only that. As an example if you maintain price control as S and give standard price, So when you do GR against PO with different prices, You can see that system even calculates moving avg price for statistical purpose and same can be seen in material master. For for the transaction purpose only standard price will be considered.
    Regards,
    Atal

  • Moving average price and standard price

    Dear All,
      Its simple question can any one explains me what is the difference between moving average price and standard price and how the posting will happen with these two price controls and what will get updated.

    Dear Tiru,
    There are two types of price control as below:
    a)Moving Average Price (MAP):
    -If PO and or Invoice price was differ from material master record, the difference was posting
    to stock account. Therefore the valuation price will change.
    b) Difference between a PO price or invoice price and the material master are posted to price
    difference account(PRD). As a result, the price in material master remain same.
    Example:
    Material Master Record:
    Total Qty: 10, Total Value 20, Price 2
    Scenario:
    PO: 10pcs at 2.50 EUR/PC
    Good receipt 10 pc
    Invoice 10 pc at 2.50 eur/pc
    a) MAP:
    Posting:
    Stock Account GR 25 +
    GR/IR Clearing    GR  25 -, IR 25 +
    Vendor Account  IR 25 -
    New Material Master ,Result:
    Total Qty = 20
    Total value = 45
    Price = 2.25
    b) Standard Price:
    Posting:
    Stock Account  GR 20 +
    GR/IR Clearing    GR  25 -, IR 25 +
    Vendor Account  IR 25 -
    Price difference Account(PRD)  GR 5 +
    New Material Master ,Result:
    Total Qty = 20
    Total value = 40
    Price = 2.00
    Hope this help.
    Loke Foong

  • Accounting Entry for Material has Standard Price

    Hi,
    If Material has standard price option, what is the accounting entry for the time of Direct Goods Receipt and from the production.
    Material Value is : Rs. 100/-
    Purchased value is : 90/-
    from production : 110/-
    Thanks in advance

    Hi,
    In STO, material posting with price valuated from issuing plant price. In your case, the transportation cost, you can capture to separate G/L account and pay to transport vendor.(In STO , one plant is vendor and another plant is customer, so a third party vendor involved for material transfer)
    OR else use separate own Custom Condition Type  with Special Condition Category instead of condition type P101 which have Condition Category "G", only responsible to pick  the internal price
    Regards,
    Biju K

  • How can i update material master standard price.

    Hi Everyone,
    i would like to know if there is any way i can update my MM Std Price everytime i make any purchase.
    I.e i have std price 40, but next time when i make PO and update Inforec for 70 so i want this 70 also take effect in my material master. Is any expert can tell me about this functionality or any alternate. would be great help
    Ali

    If you are using std prices then these do not vary unless someone is manually changing them (or using a program to do this). That is the main point of std prices, they do not change unless you change them yourself.
    MAP and standard prices are used in material master and it has nothing to do with price with which you will sell your customer.
    MAP and Standard prices will just hit you inventory account and COGS account once you will do PGI.
    I am assuming that you are talking about the price at which you sell to your customer.The easy way of tracking changing prices is that you can make them manual conditions and based on your information you can put them manually in your sales order.
    It is not recommended to change standard price constantly. At this period end, modify the standard price in material Master & continue.
    This can be a regulr activity at period ends, say every month end or quater end or half yearly or yearly. In general it is prctices on yearly basis, but as per the requirement you can consider the period.
    Just go throught the links given below
    http://www.sap-img.com/materials/purchasing-tips.htm
    http://help.sap.com/printdocu/core/Print46c/en/data/pdf/MMIVMVAL/MMIVMVAL.pdf
    Primarily, You cannot maintain both Standard Price & MAP. You can maintain only one of it.
    It is recommended that standard price should not be changed at randomly, but as a policy, if required, it should be changed at period end, say monthly, quaterly, Half-yearly or yearly.
    You can also check out transaction CK40N
    reward points if it helps
    regards
    Biju

  • Difference between Standard cost and standard price

    Hi:
          I have gone through google but i could not find any answer to the question clicking my mind. When we talk about standard cost and standard price..Should they be taken synonymously? Are these two same concepts... If there is any difference between two please do let me know..Similarly is there any difference between Actual cost and actual price. Please guide
    Br

    For Finished Goods,  Cost is nothing but your manufacturing or procurement cost.
    Where as Price is nothing but your sales price of the same Finished Goods.
    Simply when you buy, it is cost and when you sell it is price.
    Price includes cost + Profit or loss.
    But from SAP point of view Standard Price field in Material master is Standard Cost.
    Standard cost will be arrived when we manufacture or procure
    Sale price will be entered in Sale order as condition value.

  • CS11 &CS12- Moving Price and standard price not appering for items

    Dear Gurus,
    CS11 &CS12- Moving Price and standard price not appering for items.
    is it a bug for my system alone\.
    or a bug overall in SAP itself.
    Pls advise.
    Siva

    Dear Siva,
    Its the standard functionality of SAP.
    You will not get any cost related data in the reports like CS11,CS12,CS13.
    You can try CK13N(which shows the components of the BOM along with the cost) or else CK86_99.
    At Functional module level execute this one CS_BOM_EXPL_MAT_V2 and ensure X is included for the
    input field MBWLS.
    And also check these SAP notes 177006 and 686509.
    Check and revert back.
    Regards
    Mangalraj.S

  • How to get Moving Average Prince and Standard Price in BW (inventory cube).

    Hi All,
    Could anyone please suggest us how to get Moving Avg. Price and Standard Price for 0ic_c03 cube, i had gone through 0CO_PC_ACT_05 and 0CO_PC_ACT_02 datasource but it is not going to solve our purpose.
    In SDN i had gone through few links and understood that we have to work on 0MAT_PLANT info object but i hav't not found how to work on this, though i found few SAP notes which are related to MAP. (869892, 819464, 863644).
    Probably some one might worked on these MAP and Std. Price, if you could share your work which us that will be a greate help.
    Highly appreciated if you share the code and steps how to work on MAP and Std. Price.
    Thanks in Advance.
    Akash

    Hi,
    You need to enhance the Standard DS of Infoobject 0MAT_PLANT and Infoobject 0MAT_PLANT  to include these 2 fields.
    And you need to enahance the 0IC_C03 cube to include  0MAT_PLANT and need to complete the mapping in all 3 Update rules for this added Infoobject.
    <b>And you need to upload the attribute data of 0MAT_PLANT as full upload every day.</b>
    In the reports , you need to dependent on Formula varibles with replacement path with standard price an MAP price attributes of  0MAT_PLANT. So if you go with these formula variables with replacement path, you should take 0MAT_PLANT characterstic into rows as a prerequiste.
    If you want to  avoid this prerequisite, then take a look on How to calculate with attributes values.
    Other wise you need to do the calculations at 0MAT_PLANT level by a base query after every upload,and the result should be stored in TODS by APD .And then you can final report with out 0MAT_PLANT in rows upon this ODS.
    You can see my contact details in my business card.
    With rgds,
    Anil Kumar Sharma .P
    Message was edited by:
            Anil Kumar Sharma

  • Cost Run for Raw Material taking Standard Price instead of Moving Price

    Hi all,
    We ran a material costimate with normal components FG>SFG>RM.  The RM price Control is set to
    V (Moving Average Price) and for SFG & FG it is S(Std. Price).  After we run CK11N, the price for
    RM in Material Master changes as per Moving Price.  We found that the RM Component is
    costed based on Standard Price and not on the previous cost run Moving Average Price.  After
    certain period, if we again do cost run, the sytem is again picking up the standard price for costing
    not the revised Moving Price.  We have checked the Valuation Variant in the Costing Variant, where the strategy given is 1. Moving Average Price 2. Standard Price.  We also tried to change the
    sequence as 1. Price as per Purchase Info Record 2. Moving Average Price and 3. Standard Price and
    also 1. Standard Price and 2. Moving Average Price.  Our requirement is when we run the cost estimate the raw material has to pick the price of previous moving price stored in the Material Master.  Kindly tell us where to set the indicator.
    Thanks,
    Sadashivan

    Hi Srikanth,
    Problem solved.  I checked the sequence in Valuation Variant and modified in Valuation Variant for Plant which I have not set previously and now the system is working correctly.
    Thanks,
    Sadashivan

  • Accounting view:Moving avg price and standard price

    Dear Friends,
    Can anyone explain what for these two fiels are maintained?.....also what difference it makes with the price we maintain thru pricing procedure(considering only PR00)?......can both the prices be at the same value?......Thanks in advance

    hi
    The system calculates the moving average price automatically by dividing
    the material value in the stock account by the total of all storage
    location stocks in the plant concerned. It changes the price with each
    valuation-relevant movement.
    The system changes the periodic unit price if you settle the material
    ledger and then save the data.
    The valuation of stocks at moving average price or periodic unit price
    means that the price of the material is adapted to the continual
    fluctuations in the procurement price.
    Standard price
         Standard price of the material
    Use
         The valuation of material stocks at standard prices means that all goods
         movements are valuated at the same price over an extended period.
    Procedure
         Price variances (for example, purchase price higher than standard price)
         upon goods receipt or invoice receipt are posted by the system to price
         difference accounts. This does not affect the standard price.

  • Material valuation(standard price issue)

    Hi Gurus,
    We have some issue in material master record accounting1 view.The standard price for the period 1 of 2010,period 2 of 2010 is showing the value of 1000 correctly.but where as coming to material valuation table(MBEW)it is showing as the value of "1".But where as coming to material ledger the standard price is showing as 1000 correctly.due to the inconsistency data between material valuation and material ledger the system is not allowing to post any transactions.Suggest on this issue.
    Thanks in advance
    Jana

    Hi Janardhan,
    The Material Valuation Table MBEW will be updated, if  you have completed both Marked and Released activities for  the Material through t-code-CK40N for Mass Materials or CK11N and CK24 for Individual Materials. As per your data, in your case this was completed and price was updated for 01  and 02-2010 periods. If you run CK40N-Standard Cost Estimate for Legal/Group/Profit Center valuation and completed till  u201CMarking of Priceu201D i.e., but not executed the activity u201CRelease priceu201D.  It may be for period 03-2010, the Material Master>Accounting view will be updated with standard price and also Material Master>Future Price field will be updated with u201CMarked Priceu201D, but Current Price/Previous Standard Price  fields will show earlier values. Till you u201CRelease the Priceu201D through t-codes CK40N or CK24, this differences will continue. At the start of March 2010 period, if you u201CRelease the priceu201D, all the fields in Material Master will be updated with relevant Current/Previous Standard Price fields. I hope this will clear your doubts.  If you need more clarity in this regard, please let me know.
    Regards
    appalas
    Edited by: appalas on Feb 28, 2010 1:11 PM

  • Material Master - Standard Price

    Please suggest - how to change(update) the "Standard Price" of the material in Accounting view of the Material Master ?

    Hi,
    (do reward if this is useful)
    Price Update:
    In the R/3 menu go to the screen view by the following path:
    Accounting-Controlling-Product Cost Controlling -
    Product Cost Planning MaterialCosting----
    Price update
         On the Price Update: Mark Standard Price Screen, choose Other Prices.
       The Other Price Update: Release Other Prices screen appears.
    Enter data to restrict the cost estimates whose results you want to copy to the Material master
    In the Update Prices in Material Master Record group box, set the Commercial Price 1 checkbox.
    Choose Execute (F8) to carry out the update.
    On the Price Update screen, the system provides a short log for the test run. The log contains green traffic lights and the message “Of 1 materials, 1 cost estimates were updated successfully.”
    Choose Back until you get to the Price Update: Release Other Prices selection screen.
    Use the same selection parameters as in the test run for the price release. Scroll down to the bottom of the screen. Deselect the Test Run indicator in the Processing Options group box.
    Update the prices in update mode and choose Back.
    Call up transaction MM03 and check that the prices have been updated in material master C10150.
    The lowest value is determined in inventory costing when the prices are updated in the material master record. The system compares the valuation price according to price control for the current period or previous period with the costing result. If the valuation price is lower, this price is updated, rather than the value determined in inventory costing, as the tax or commercial price.
    Result
    Commercial price 1 has been updated in the Accounting 1 view in the material master.
    <b><<<PLEASE REWARD POINTS IF THIS IS USEFUL>>>
    </b>
    Regards
    AK

  • Show both Moving Average and Standard Price of an item in Report Composer

    Hello
    I do follow all my items at standard price. But i wish to get on the same report both the standard price and the moving average price.
    How can i do so :
    1 - either by a default report
    2 - Or by using report composer
    3 - By using a SQL Query
    Thanks
    Stéphane

    Thanks but is there a way to get both data on the same report ?
    The solution you gave me allows me only to output two different reports....I don't mind working with a vlookup from time to time but on a daily basis, this is a bit laborious
    Thanks for your continuous support
    Stéphane

  • Freight condition and standard price

    Dear all,
    if the material is based on standard price, if i have freight condition built in, it will not affect the standard price in material master.
    may i know where the freight cost will go to?
    thanks

    Hi,
    It will get posted to Price difference account.
    For e.g. Material Std. Price = 100 INR
    PO Price = 120 INR
    Freight = 30 INR
    During GR, following A/c Entry will generated;
    Stock Account             - Dr     - 100 INR
    Price Difference A/c    - Dr     - 20 INR
    GR/IR Clearing A/c       - Cr     - 120 INR
    Price Difference A/c    - Dr     - 30 INR
    Freight Clearing A/c     - Cr     - 30 INR

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