Standard cost price update

Can anybody tell me in details the logic behind the standard cost price update.
Regards
Amitava

Hi.
1.After did the cost estimate in ck11n . you need to update the cost for the current period. then only it will update in the MM02 under the costing view.
2.In the update the costing , 2 steps need to do
a. MARK the costing . give the period for which you need to mark the costing. and execute in ck24
if you done . the price will update for the future period . you can see this in the MM02 under costing view / std costs
It means thats you do calculate and mark the cost but it will show in the future period in MM02 COSTING VIEW. . but you are not release this cost as the current period cost. so you are still in the old period costing only.
b. RELEASE the costing in ck24 itself. If you release the costing , then the costing will be show in the current period in mm02.

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Hi Vedsai
When you use CKR1, it does not give error.. It just gives a warning message
Enter your Plant / Mat in CKr1 and select "Current cost estimate" or "Future Cost Estimate" as the case may be
If any warning comes, ignore it and press enter.... It should reverse the cost estimate
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Note: If at all it gives any error in CKR1, check in T code OPR4_CK if this msg can be converted into warning message
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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
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total items are more than 4000 so please do not guide me to change manually by using MR21
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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.
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Pls check in your Costing Variant--> Valuation Variant --> Price Factors..
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Hi all,
In all the below options, which price is updated in costing tab while saving Production order or Sales Order ? i.e. standard price or moving average price.
Case 1:- Valuation variant has "standard Price" for Material valuation
Option A): Procurement Type is E; Price control in Material Master is S
Option B): Procurement Type is F; Price control in Material Master is S
Option C): Procurement Type is E; Price control in Material Master is V
Option D): Procurement Type is F; Price control in Material Master is V
Case 2:- Valuation variant has "MAP" for Material valuation
Option A): Procurement Type is E; Price control in Material Master is S
Option B): Procurement Type is F; Price control in Material Master is S
Option C): Procurement Type is E; Price control in Material Master is V
Option D): Procurement Type is F; Price control in Material Master is V
Regards,
Vaibhav Gawade

Hi,
Procurement type (E, F, etc.) will have impact only up to the calculation of the cost. It will not play any thing for Price update.
The below link may help you for getting an idea for the Material Valuation with Price Control as Standard and Moving Average price.
http://help.sap.com/saphelp_47x200/helpdata/en/53/5df779aa3011d295a200a0c930328a/content.htm
BR,
ADI

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We have a material with diffrent valuation type per say MFG and procurment etc. During standard costing I found that standard cost is updated only at header level not at child material level, which cause of a loss of the difference cost.
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Hi,
You have to change the standard price, whenever price increase.
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I can not update the valuation type wise standard cost. It is going updated only at the Header level in the material master.
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Trushit

Hi thank you for your answer.But if we maintain the valuation type default in split valuation then for all materials valuation types becomes mandatroy field, if we are going to open the batch but there may be the cases where batch is only going to be opend but not the valuation type.
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Hi Deven,
I was also in the same confusion in last few month,
See,
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SAP recommend (MVP) for Raw material and other Consumables and Standard Price for Semi Finished and Finished.
Because finished Product with MVP has no control on your Price, it always Fluctuates.
Also SAP Does not always recommend to use MR21.
To have control on our finished product companies fix STD Price.
Say i make Refined oil at 50 rs per KG.
I know Approximate quantity of R/w and other consumable for Preparing 1 Kg oil
Say my components are
1) Crude oil 2 kg @ 10 rs kg = 20 rs MVP
2) Hexane 3 KG
3) Sulphuric acid, Bleching powder, degum powder 3 kg each.
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This is where i prepare Routing, Now i club BOM and Routing to Production Version.
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If Suppose u say Crude oil heaxane rate per KG has changed, say Crude is nw 30 rs /kg. or my labour hr has increased,
Since my FM is std , Now i dont want to change using MR21, so nw change BOM routing to Future plan and run CK11n mark and
release for future price.
Sorry for all if any error, if so correct me
This may clear ur Doubt Deven.
Regards,
Pavanidlur
As we Use Standard for FM/SFM ,

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Hi there we are using an additional standard cost ZPRS for a calculation with in the SD pricing. The standard cost is updated each month. Our SD calulation looks at the current selling price and if this is lower than the standard cost (ZPRS) the price used is ZPRS if the selling price is higher then the selling price is used.
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,,

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Hi there we are using an additional standard cost ZPRS for a calculation with in the SD pricing. The standard cost is updated each month. Our SD calulation looks at the current selling price and if this is lower than the standard cost (ZPRS) the price used is ZPRS if the selling price is higher then the selling price is used.
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Hai
How to activate check point
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Dharmesh Soni

Hi Soni
As AMIT said this can only be solved only by User exit.
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On the BOM window, I don't understand why Standard Cost was removed from the choices on the Price drop down list for components. Are my clients the exception? On BOMs, they are more concerned about purchase costs on than selling prices.
How can I get my Standard Cost to appear on the BOM rows in 2007?
TIA.
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Edited by: Paul Finneran on Jan 17, 2008 3:20 PM

Your logic is unassailable. I wish SBO used it, but I can almost justify to myself why it does not.
If you look at a BOM, you'll see that all the line items reference Price Lists, not costs. Theres no cost for the components. What I did for a client that uses Standard Cost was create a price list for each of their warehouses and populated it with the standard cost for each item in that warehouse. So the cost rollup for the BOM itself was the sum of the standard cost price list * quantity for the items.
I dont know what one uses for FIFO, etc. Id be curious to hear how others handle this.
My lame justification as to why SBO doesnt show the cost is the same as why you dont know the cost or profit margin by looking at a sales order. On a BOM or a sales order, the cost is theoretical. True cost for a BOM isnt known until goods are issued.

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Hello SAP gurus,
When we created standard cost estimate, various cost estimate is created in various views Cost of good sold, cost of good manufactured and Inventory ( commercial ). Different view have different cost estimate.
But we I release costing , the material master is updated by cost estimate of Inventory ( commercial). The cost estimate from Cost of good manufactured should be update?
I am not able to solve the above issue , please help with customizing link
Regards,
Anand Agrawal

Hi Anand,
While you configure the Cost Componenet structure you define the attributes of cost Components in OKTZ.
When defining the cost components, you must specify whether the cost component plays a role in the creation of the different prices that are transferred into the material master record. You have the following options:
Standard price
Costs that are flagged as relevant for stock valuation form part of the standard price if the results of the standard cost estimate are marked and released. These costs also serve as a basis for the following:
The calculation of target costs in variance calculation
The valuation of scrap in variance calculation
The valuation of work in process for the confirmed yield for the operation (order-related production, process manufacturing) or at the reporting point (repetitive manufacturing)
Commercial price
Costs that are flagged as relevant for inventory valulation for the purposes of commercial law form part of the commercial price. This price is calculated in an inventory cost estimate and can be written to the material master record.
Tax price
Costs that are flagged as relevant for inventory valuation for the purposes of tax law form part of the tax price. This price is calculated in an inventory cost estimate and written to the material master record.
The above information will prove helpful.
Regards,
amol

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Hi,
I am trying to update standard cost for a configurable material using CU50 with reference to the sales order.
System gives a warning message :- Configuration of raw material still not included in price determination
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this is the case with all config material
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Refer note 362193 and check if that helps.
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Dear All,
We are maintaining the materials with price control as Standard Price and moving average price is updated and used only for statistical purpose.
I have a requirement of copying the standard price to moving average price field just after the standard costs have been released.
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Please let me know which SAP standard transaction can be used for the purpose.
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Manish Gupta

Hi
Whats the need to copy std price to moving price?
I dont think there is any such t code to copy it.. But a weird work around is, if u r on ECC 6.0, you can change the price control from S to V and again V to S.. In this process, your price will get copied from S to V
However, not a recommended way of doing... If you do, you shud do this at a shot and blocking all others users
Regards
Ajay M

Standard cost price update

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