Price control indicator for finished material

Dear Experts,
Any one can please clarify on this..
Can we maintain price control indicator for Finished Product <b>V</b> as well as <b>S</b>
Out of the above two either one may be statistical.  Considering <b>S</b> as a statistical I need to update price which is having control as <b>S</b> by releasing the std.cost estimate.  Is there is any configuration for this.
Please help on this.
Thanks and Regards
Sivakumar Subramanian

Hi Siva Kumar,
Generally we maintain Finished material at Standard price . In turn system will update also moving average price for the same material . so both can be achieved by maintaining standard price in material master.
Best Regards
Ashish Jain

Similar Messages

  • Price control "V" for Finished Material

    Hi,
    In implementation project i have created ZFIN for finished material type.And given Price control "S". But as per client reqirement i have to change that " S" into "V".
    Is there any effect for those material which already have been valuated with price control "S"? Can i proceed?

    hi
    generally the valuation is kept S for finished goods
    as the price is updated from production and not from sales, so u cant keep the MAP as the production cost varies as per the change in cost of raw material
    i think u should tell this to ur client
    either if u want to change  the price control from S to V
    You can make this change at any time. The moving average price (which until now has been updated for informational purposes only) replaces the standard price and is used for valuation from now on.
    read this
    http://help.sap.com/saphelp_47x200/helpdata/en/47/60ff6249f011d1894c0000e829fbbd/content.htm
    http://www.sap-img.com/materials/price-control-v-or-s-in-material-type.htm
    http://help.sap.com/saphelp_47x200/helpdata/en/47/60ff0749f011d1894c0000e829fbbd/content.htm
    regards
    KI

  • Price Change Document for Finished Good

    Dear Expert,
    I want to take a report to list down all the documents that cause to Moving Average price of a finished good.
    Ex: I have a finished good FG1 whose price indicator is Standard Price.
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    Please Help
    thanks

    HI,
    For this use oms2 t.code in that see for fert material type what is the price control maintained for fert material type.  
    if for fert material type in standard  we are using "s"   if 'v" is thier then it is calculated like that.
    so if 'v" is thier then you have to change it as "s" and save then try it once agian.
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  • Price Control Indicator

    Hi,
    We noticed that one material with wrong price control indicator as "S" instead of "V". It's impacting the overall Inventory valuation. We intend to update the MAP prices for these part no at our end to reflect the correct Inventory but can proceed only once the price control indicator is corrected appropriately.
    How can i acheive this issue?
    Note: Material contains open po's and stock.
    Thanks & Regards
    Anilkumar Dalai

    Hi
    The price control indicator in the Material master can be changed any time if it is allowable to change.
    As previously you had price control S - & standrda proce maintained
    when you change it to V  - The Mocving average proce will be overwritten by the Standard price thus keeping the valuation same
    Thanks & Regards
    Kishore

  • Changing price control indicator and posting difference to sperate account

    Dear Guru's
    Need your advice on how to handle the following scenario. Company wants to change the Price ontrol indicator in a material from V(moving price average) to S(Standard cost).However there is stock in the inventory for this item.Additionally they also want to change the price of the item with the difference posted to a seperate balence sheet account.

    Hello
    While changing the price control, the moving average price becomes the standard price, which is then used for valuation.
    You change the type of price control by overwriting the price control indicator in the material master record with the new indicator.
    Changing the type of price control for a material does not change the value of the material stock, since in both cases the current price becomes the new price.
    For changing the material price, use revaluation MR21.
    At the time of price change, for a material subject to standard price control, the material debit or credit is posted to a price difference account. The offsetting entry is made to an income or expense account. Consequently, a material debit or credit for a material subject to standard price control does not lead to a revaluation.
    Regards

  • Change of Price Control indicator.

    Hi,
    Under what conditions a maerial price control indicator can be changed from 'S' to 'V" and vice versa.
    Regards,
    R. Dillibabu.

    Hi,.
    If the material is split valuated you can ONLY change the V to an S on the accounting views that have a valuation type specified.
    You CANNOT under ANY circumstances change the V to an S on the "higher level" accounting view of a split valuation managed material (the higher level accounting view is the one where you do not specify a valuation type.).
    The reason you cannot is due to the fact that each valuation type below this higher level can have a different price and different stock quantities and so the higher level HAS to be an AVERAGE of the lower levels, managed by the system.
    There is no reason why you would ever want to change the higher level view from a V to an S because this view is not used for anything. It simply stores the average price and total value of stock across all valuation types. It is not used in any business transactions.
    Why do you want to change it from a V to an S?
    Steve B

  • Price control indicator and valuation class

    All SAP Gurus,
    Is there any relationship between price control indicator (V and S) and valuation class?
    We want to change the price control for certain materials from V to S and for certain materials from S to V.
    Regards,

    HI ,
    There is no direct releation between valution class and the Price control.
    Yes but a indirect relation.
    it is by the maeterial Type .
    in OMS2--we define the default Price control indicator.
    in OMSK -we define the Material type and the Valution class linkage.
    Know the Price control Indicator always triggers your value .and the way it has to be posted.(on a default value or a Purchase value on a weighted average basis)
    and valuation class triggers ..where it has to be Posted.( GL account)
    so it is how.
    But there could some other implication of the chase of the Price control..becoz.your Previous period price and current period would implact.
    you stock valution would impact.
    so check all these before you Proceed
    hope so it helps
    Regards
    Anjanna.

  • Price Control Indicator inconsistant

    I am getting this error message at time of Goods Movement (Transfer Posting store to store two step Mvt 313) for a particular material.
    M7315 - Price control indicator inconsistent:
    The problem is I have not created Accounting views for material i have only enabled accounting view in back end configuration.
    I have also checked material twice in MM03 accounting view is not created. I cannot understand why sap is giving this message if accounting view is not created.
    Any help would be useful.

    Hi,
    Before transfer posting store to store, 1st check material type of material master in t.code:OMS2 and find price control in it.
    Now use t.code:MM03 and search material status with views for each storage location individually with plant.
    If material properties are same for two storage locations- why cannot you try with 311 movement type-Transfer posting storage location (one-step)
    Regards,
    Biju K

  • Change price control indicator from standard price to moving avg price.

    Hi All,
    There is a material which has a negative stock for the previous period and the previous period is already closed.
    When i want to change the price control indicator from S to V for that material in the current period, it shows an error that "negative stock is there, unable to change price indicator".
    Kindly help me to solve this issue.
    Thanks,
    AK

    the price control indicator can be changed  from standard price to moving avg price at any time .......with some restrictions.
    And one of these restriction is the one you see.
    You must not have negative stock.
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  • Price Control Indicator in Material Master Record (Accounting View1)

    Hi,
    Is there any way to make the Standard Price (S) or Moving Average Price (V) automatically SET in Material Master Record? So that everytime we create a material, there will be no need to enter which price we prefer.

    Hi,
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    For price control S, maintain Int proc allowed as 2.
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    Edited by: Piyush Mishra on Jul 20, 2010 9:06 AM

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