Standard Price for a Traded material?

Hi,
What are the pitfalls/disadvantages of defining the traded material at a Standard Price and not a moving average price. Details will be appreciated.
any relevant information will be usefull.
Thanks

Hi
If you are maintainnig a Standard price for the Trading material , then the Pricediffernce between the Material & the Purchase ptrice will be put into a different account.
When you sell the same material the profit will be calculated based on the Price of the material.
So if you are procuring the material at a higher price than the material price, in such case the material price is not updated & the Profit & loss calculations of the material will not be appropriate.
So it is better to alway use Moving average.
Thanks & regards
Kishore

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Hello,
Current and period end values of Moving average cost or standard price are available in tables MBEW/MBEWH. You may have to create a report based on this.
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Material Ledger - release actual price as the standard price for the next-

Hi Gurus, Sap Library /documentation about Material Ledger says:
"At the end of the period, an actual price is calculated for each material based on the actual costs of the period. This actual price is called the periodic unit price and can be used to revaluate the inventory for the period to be closed. In addition, you can use this actual price as the standard price for the next period."
How Can I do that? i've calculated the new actual price but i could release it as a new standar costo.
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Hi Both,
I think there is something else to add to this, the new PUP price can only be applicable in the period N+2 where N=Period of closing. This is something that is not specifically mentions in SAP documents.(not that I know of ) but I found it the hard way!
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How do I update standard cost for split valuation material?

We are using split valuation on our maintenance material. Maintenance material is held in an inventory account separate from our production material. We have materials that are set up with a Parent material as variable, and child materials which are NEW or REFURBISHED or CORE.
The Child materials are set as standard cost. Some of the standards are old. Unlike our production materials, which have their cost standards on the Costing 2 tab of the material master, split valuation child parts have their costing on the Accounting 1 tab.
I attempted to update a cost standard by loading a future price manually in the material master. I was able to load a future price, but could not get it to release in CK24.
I have been unsuccessful in finding a process or procedure that tells me how to update a child standard once is already exists. There was one blog that said that the standards could only be released using CK24N if the quantity is zero. I attemped to update costs on part with zero quantity on hand. This was also unsuccessful.
I am looking for a process- ie 1) load a future cost using tcode XYZ, 2) Mark and release cost using tcode XYZ, 3) validate changed inventory value using tcode XYZ.
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Hi Govind
If your valuation variant reads MAP as the strategy sequence - Then average MAP will be taken... i.e. the MAP in the parent accounting view of the material will be taken
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Moving Average Price for non stock material

Hi All,
We are looking at loading a large number of material masters for items that will not be stocked - i.e. an account assignment will always be provided during purchasing.
When we load these materials - what should the moving average price on the accounting tab be set to? If we put an estimated price in - then when we purchase we will get a warning if the variance between the purchase price and the moving average price is too great. And then when the material changes in price (in lets say a year because the vendor has increased prices by 10%) we can no longer update the moving average price.
What is the best practice in this scenario?
Kind Regards,

non stock material (standard material type NLAG) does in general not have accounting views, hence it has no fields for moving average prices.
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The MAP gets only updated if the stock is posted to inventory, which will never be the case for non-stock material, because of this you should always be able to change the MAP directly in the material master with MM02, or if not possible in MM02 with MR21.

Releasing the Standard price for the co product.

Hi All,
In my scenario , we have configure co product config and is that i have made the respective settings for the co - product in the material master with the joint production and the apportionment structure defined in the suitable ratio.. The cost estimate has been executed and the cost apportionment are resulted as per defined and it is perfect...
But when i tried to release the standard price using CK24, the price of the main product (FERT) is getting updated in the material master whereas the price of the co- product (FERT) is not updating in the material master. Is any settings has to be made from controlling aspect or settings in material master...
regards,
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Hi Mahesh,
If you want to mark and release the non-leading co-product, you
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Standard report for - Daily Store Material Issue

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Can any one let me know which standard report gives me the details for "DAILY STORES MATERIAL ISSUE" in Oracle Inventory.
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You can try the "Transaction Register" report and narrow it by transaction type and subinventory.
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Standard reports for fetching the Material Characteristics

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Do we have any standard reports in SAP for fetching the Material Characteristics.
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Dear,
Check the related links... may be helpful:
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Material characteristics datasource
Characteristics Table ?
Characteristics Table ?
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Can we release the standard price for a material whose Price control is "V"

Hi experts,
Could you please clarify my doubt that can we release the standard cost of a material whose price control is "V".
Our user is trying to release the std price. But its not getting released. If the material is of ML relevant I could have checked in CKM3 for any actual data existancy. I am aware that if any actual data existing the price could not be released.
But here this material belongs to a Non Material ledger relevant plant. So I cheked the stock overview and for any material documents if any. But this material has no stock.
I m confused how to check the material's transactions with FI entries.
Please help in this regard.
Thanks,
Sarat.

HI Sarat
1. You can release a std cost for material with V, but that wont serve any purpose.. The inventory valuation will happen at V alone
Either the material should have a BOM or Routing to release the std cost and MRP view shall have Proc Type as E / X
OR
You can have special proc in costing view as 20 and then execute CK11N for the material....
Some price must be there in material master which will get released as std cost (based on your valuation variant)
2. You can check material transaction using MB51
Regards
Ajay M

Moving Average Price for Non-Valuated Material

Hello Experts
The question may seem to be quirky but need your advice for the below.
My client is buying non-valuated material against a cost center, they do not want to keep the stocks valuated. No value update only quantity update. The accounting documents are the following when the GR is done by receiving folks
Qty of material XYZ goods receipted = 10
Debit     Consumption GL   12345678       10 USD          Cost Center ABC123 (This is a warehouse cost center)
Credit    GR/IR account                            10 USD
Qty of mateiral XYZ issued = 5
The goods are later on issued to Production cost center and the client was the below entries to be passed with MOVING AVERAGE PRICE.
Debit    Consumption GL 12345678           6 USD          Cost Center ABC456 (This is production Cost center)
Credit   Consumption GL 12345678           6 USD          Cost Center ABC123 (This is warehouse cost center)
I am aware that as this is a non valuated material the above entry is not possible. Maybe, I will use BAPI_ACC_DOCUMENT_POST for the generating the accounting document when the goods are issued from warehosue to production center.
My question is how can i get the moving average price.
Regards
Chokkalingam Pillai

you can have an accounting view for non-valuated materials, this helps for example with purchase requisitions as they could take the valuation price from the material master and the user does not need to enter a valuation manually.
But the material master moving average price cannot be calculated and updated automatically, as it is not foreseen in any standard program to do this for cost center procurement, since SAP only calculates a MAP for valuated stocks.
Further it is not logical to issue non-valuated stock valuated (even with a different price) from cost center to cost center.
It looks like you want to have a kind of internal billing for warehouse services, as you end up with a negative amount in the warehouse cost center which is then the profit.
Why don't you just create a report to run at the end of the month, listing all goods issue movements with their cost centers and taking the price from last PO (or from material master if you decide to maintain it manually) and use this for a manual cost center posting in CO module

Need field and table for spare part material and price for a given material

Hi,
      In need to create a report with following fields:-
       Customer           Material          spare part material            spare part description             price                   currency.
From which table and field I can get all this information.Please guide me.
Hint. cl30n transaction for material managemant.
         vk13 transaction for price maintenace.
Regards.

CL30N is a general transaction that can be used for any classification, but material master maintenance is usually MM01/MM02 or MM41/MM42
Material description can be taken from table MAKT
customer from table KNA1
The question is what you are going to analyse? where do material and customer tie together? do you do the analysis on sales orders VBAK and VBAP ? or invoices VBRK and VBRP? or customer material info record KNMT?
or do you capture this info in classification? then you get the values from AUSP
Edited by: Jürgen L. on Aug 3, 2010 9:42 AM

Process order when standard price zero

Hi Gurus,
Is there any way to restrict the goods movement of the finished material (101 mvmt) for a process order when standard price for the same material has been maiantained ZERO.
Thanks
Anil

I think you can restrict the confirmation if the costs are not correct..
In OPK4 for your order type and plant combination, in the general individual entry tab, terminatef for incorrect costs...
karthick

Standard price in HALB

Hi SAP Guru's,
I have been asked in an interview as why we maintain Standard Price in HALB material Type.
Can any one please give some light on this.
Thanks
IS

Dear,
I would like to suggest as follows:
Material type - HALB
Semifinished products can be procured externally (sub-contracting) as well as manufactured in-house.
They are then processed by the company. A material master record of this material type can contain both purchasing and work scheduling data.
The reason for SAP recommends Standard price for HALB type material is, the material price effects the enterprise finish product selling price and effects on customer / market price.
For example if an enterprise manufacturing Televisions. The finish product is Color Television.
Client made a contract with outside vendor for assembly of Picture tubes with screen.
Since the client fixed the price or have an idea about the finish product of color television, the price control on subcontract i.e Picture tubes assembly with screen is compulsory. Then only the client can achieve the final product price as fixed earlier.
If for these material the moving average price is maintained in Material master, there are chances are there that the finish product market value / price changed daily.
Regards,
Syed Hussain.

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

Standard Price for a Traded material?

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