Std price, MAP, FIFO, LIFO

Hi,
Per my understanding, standard price and moving average price are used to post stock value realtime, and FIFO and LIFO used in the period end to adjust the stock value. This way is only to reduce the human effort. Is it right? Guys, please
give your opinion, so let me have a clear mind. Thanks!
Regards,
--Alex

hi,
standard price & MA price is maintained is maintained for valuation of the Stock.
http://help.sap.com/saphelp_erp2005/helpdata/en/47/60ff2149f011d1894c0000e829fbbd/frameset.htm
http://help.sap.com/saphelp_erp2005/helpdata/en/47/60ff2149f011d1894c0000e829fbbd/frameset.htm
http://help.sap.com/saphelp_erp2005/helpdata/en/47/60ff2149f011d1894c0000e829fbbd/frameset.htm
and LIFO -- last in first out, FIFO is fisrt in first out, these will be used at the time of PICKING.
http://help.sap.com/saphelp_erp2005/helpdata/en/47/6104b849f011d1894c0000e829fbbd/frameset.htm
http://help.sap.com/saphelp_erp2005/helpdata/en/47/6104b849f011d1894c0000e829fbbd/frameset.htm
hope this may help you,
Regards,
Srinivas

Similar Messages

  • Moving Average price, Std price and FIFO

    Hi folks,
    It seems our client wants to use FIFO valuation for its items rather than Moving Average because FIFO gives them an actual price for their Finished Goods (the client does not have any manufacturing).
    I beleive the question the client wants answered is: <b>Can they can use the FIFO valuation within COPA-AB (account based) instead of costing based</b>.
    The client manager seems extremely sure that this can be done in COPA. Can it be done? If so, how would we go about it? My understanding is that COPA only captures the cost with the revenue. It captures the cost the moment you ship a product.
    I think CO-PC handles this, however I think you need PP implemented as well and the client is not implementing PP at this time. I could also be totally wrong about all of this.
    Hopefully this all makes sense. Unfortunately I cannot upload an example of what I mean.
    Appreciate any thoughts on this.
    Thanks!

    You are absolutely correct.
    COPA is used for reporting cost & revenues for internal use. It has nothing do with inventory valuation.
    It is product costing which is used for material valuation in manufacturing scenario. As you mentioned, that products are not manufactured. there is no need to implement PP & product costing.
    In SAP material is valuated either at moving average price or standard price a sper price control in material master. However, there are functionality in SAP where materials can be re valuated at period end for legal reporting. Explore the functionality in MM -> balance sheet valuation (do not remember the exact path). In this materials can be re-valuated as per various principles or can be done via user exits.
    Hope it helps.

  • MAP Vs Std Price

    Hi All
    We are maintaining MAP in our system
    Due to some process change we have to change it to Std Price
    Please let me know what will the effect on Accounting.
    Form the Accounting point of view.
    Please Help
    Regs
    Niti Narayan

    Hi,
    When you change price control from MAP to Standard price the MAP(Moving Avg Price) will be taken as Standard price in Material Master. It wont affect the current stock value. But when PO/Invoice is posted other than the Valuation Price, the difference amount will go to seperate account.
    Hope this helps.
    Regards,
    D Somaiah

  • Set up std. price for proc.type F parts (External Procurement)

    Experts,
    what is the comon way to set up Std. price for materials with Proc.Type F (External procurement). Current I am using KKPAN and set cost out of PIR and material burden as seperate line.
    Looking for a way to have the material burden as fixed value in the system which I can use as base for calculation.
    Thanks in advance
    Jörg

    Dear ,
    For any FG material you should have Standard Price (S)  in Cost2 view  getting updated thrugh CK24 after ck11n done during production process .
    For any Externally procured item , you should have MAP or Planned price with Valdidty .Generally duing planned cost estimaiton , planned price will be considered  while you will do good issue agianst production order , systm will consider  the MAP to calcualte the cost of the material .
    Now to update the price you should carry out MR21 with new price for company code , validdity date , price control indicator  and valution variant .
    Generally in project scinario , you can use MAP for FG material .
    refer :
    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
    JH

  • Moving average prices and std prices

    hi friends,
    i have a doubt abt prices...
    which will b assigned for raw materials-standard price? or avg moving price? and why?
    if possible explain clearly about avg.moving price and std.price
    for spit valuation what price we will use??
    help me out..
    thanks in advance...
    venkat

    Standard price are used for products that do not fluctuated frequently.  It is usually used for finished or semi finished products.
    Moving average price are used mainly for raw materials that are purchased externally.  The advantage of using moving average price for your raw materials is that your inventory costs will always reflect the current market cost.
    SAP strongly recommends that you do not select price control V for semi-finished products and finished products, because doing so will very easily cause the calculation of unrealistic valuation prices. SAP recommends: 
    Price control V for raw materials and trading goods; price control S for semi-finished products and products
    We recommend that you only use price control V for materials procured                          
    externally. Materials produced in-house should be subject to a                                 
    standard price control.                                                                        
    Generally all raw materials (ROH), spare parts (ERSA), traded goods (HAWA) etc. are assigned as moving average price (MAP)  because of the accounting practice of accurately valuating the inventory of such materials. These materials are subject to the purchase price fluctuations on a regular basis.
    The semi-finished goods (HALB) and finished products (FERT) are valuated with standard price because of the product costing angle. If these were to be MAP controlled, then finished/semi-finished product valuation would fluctuate due to data entry errors during backflushing of material and labour, production inefficiencies (higher cost) or efficiencies (lower cost). This is not a standard accounting and costing practice
    For Split valuated material it is recommended to use Moving average price

  • Moving Average price & Std price

    Hai friends,
    Any body tell me the difference bet Moving Avg Price & Std Price...
    Actually why we are entering the Std or MAP in Material master..
    What is the Impact in PO...
    Thanks 
    Ros

    Hello Roshan,
    <b>Difference bet Moving Avg Price & Std Price...</b>
    Material price in Material master is represented by Material price Indicator, The main purpose of material price is to valuated the material stock for financial transaction in company. There are two procedures available in the standard system:
    <b>Valuation at standard price</b> : The price is decided by the organization (Costing / Finance / Purchasing / Marketing dept) which is fixed for material, it will not be changed by any inventory or financial transaction, but you can change it with special price change procedure.
    This std price is represented with price indicator S
    Valuation using a standard price has the following features:
    - All inventory postings are carried out at the standard price
    - Variances are posted to price difference accounts
    - Variances are updated
    - Price changes can be monitored
    <b>Valuation at moving average price or (if the material ledger has been activated) periodic unit price</b> : This price is not decided by any organization (but in come case it will decide i.e. to upload the initial stock) but it will automatically updated by the Invnetory transactions (i.e. Goods receipt, Invoice receipt) or financial transaction (Debit/credit material). It will keep changes automatically when there is price difference.
    This MAP is represented with price indicator V
    Valuation using a moving average price results in the following:
    - Goods receipts are posted at the goods receipt value.
    - The price in the material master is adjusted to the delivered price.
    - Price differences occur only in exceptional circumstances.
    - Manual price changes are usually unnecessary. However, they are possible.
    <b>Actually why we are entering the Std or MAP in Material master..</b>
    We are maintaining material price for material stock valuation and inventory transaction valuation.
    <b>What is the Impact in PO...</b>
    The material price does not have impact on PO, but definately it has impact on inventory transactions i.e. GR, GI, IR debit/credit material.
    more info, <a href="http://help.sap.com/saphelp_46c/helpdata/en/47/60ff0749f011d1894c0000e829fbbd/frameset.htm">Price Control</a>
    Hope this helps.
    Regards
    Arif Mansuri

  • Std price and moving avg price

    hii frends...in which scenario we hve to go for std price and moving avg price...
    thnx in adv...

    Generally all raw materials (ROH), spare parts (ERSA), traded goods (HAWA) etc. are assigned as moving average price (MAP) because of the accounting practice of accurately valuating the inventory of such materials. These materials are subject to the purchase price fluctuations on a regular basis.
    Company generally uses moving average on purchased materials with small cost fluctuations.  It is most appropriate when the item is easily obtainable.  The impact on margins are minimized which reduces the need for variance analysis.  Furthermore, the administrative effort is low as there are no cost estimates to maintain.  The cost reflects variances, which are closer to actual costs.
    The semi-finished goods (HALB) and finished products (FERT) are valuated with standard price because of the product costing angle. If these were to be MAP controlled, then finished/semi-finished product valuation would fluctuate due to data entry errors during back flushing of material and labor, production inefficiencies (higher cost) or efficiencies (lower cost). This is not a standard accounting and costing practice.
    Hope this will help you.
    Cheers,
    Parag Mahajan

  • Issue with Std price & Overheads at the time of goods issue

    Hi Experts,
    Please help me on below concern.
    system is taking the std price at the time of goods issue as we marked price control "S" for all materials to track the PPV seperately. So once we run the std costing system is calculating the std cost= direct material+overheads and updating the same in std price in accounting 1 tab.
       But as per our requirement at the time of goods issue system has to take only direct material not overheads,  also one more problem is at the time of actual overheads calculation in the period end , system is calculating overheads on total of direct material+overheads instead of direct material only.
      So please suggest how to config the system to meet my client's requirement.
    Thanks&Regards,
    Spandana.

    Hi Ajay,
      Thanks for your inputs.  In the std costing run system is showing components as below.
    Material cost       110$
    Material overheads  10$
    Labor cost  20$
    Labor Overheads 10$
    In this Material cost 110$ , materials overheads also included(100$+10$). Why system is calculating Material overheads twice please suggest what mistake i did.
      The material overhead percentage rate is 10%.
    As per my client requirement system should calculate components as shown below
    Material cost 100$
    Material overheads 10$
    Labor cost  20$
    Labor overheads 10$
    Please advise its very urgent, your inputs will be rewarded with points.
    Thanks&Regards,
    Spandana.

  • Problem in bdc to change  std price to moving price

    hi
    I had created BDC for changing std price ' S ' to moving price ' V ' . I had done recording for MM02 Trans.
    At the time of creation of material ,MM person selects different views for same type of material .
    moving price presents  in Accounting 1 View. In recording this view was at 13th position  .but If I check my BDC for other material while running BDC in foreground it takes MRP1 view which is at 13th position 
    because here the no of views are more as compared to the recorded material .Again position of recording is also not matching.
    please advice what to do in this case ?
    Thanks in Advance.
    Regards,
    Atul

    hiii,
    take the PSTAT field from mara for that particular material and make the following changes in ur code.
      PERFORM POPULATE_BDC_TAB1  tables itab1 USING :
         '1' 'SAPLMGMM' '0060',
         ' ' 'BDC_CURSOR' 'RMMG1-MATNR',
         ' ' 'BDC_OKCODE' '/00',
         ' ' 'RMMG1-MATNR' new_material,
         ' ' 'RMMG1-MBRSH' ind_sec,
         ' ' 'RMMG1-MTART' mat_type.
    PERFORM POPULATE_BDC_TAB1  tables itab1 USING :
           ' ' 'BDC_OKCODE' '=P+'.
    SEARCH pstat FOR 'K'. "BASIC DATA
      IF sy-subrc = 0.
        PERFORM POPULATE_BDC_TAB1  tables itab1 USING :
         ' ' 'MSICHTAUSW-KZSEL(01)' 'X',
         ' ' 'MSICHTAUSW-KZSEL(02)' 'X'.
      ENDIF.
        SEARCH pstat FOR 'V'. "SALES ORG DATA
      IF sy-subrc = 0.
        PERFORM POPULATE_BDC_TAB1  tables itab1 USING :
         ' ' 'MSICHTAUSW-KZSEL(04)' 'X',
         ' ' 'MSICHTAUSW-KZSEL(05)' 'X',
         ' ' 'MSICHTAUSW-KZSEL(06)' 'X',
         ' ' 'MSICHTAUSW-KZSEL(07)' 'X',
         ' ' 'MSICHTAUSW-KZSEL(08)' 'X'.
      ENDIF.
      CLEAR flag_pur.
      SEARCH pstat FOR 'E'. "PURCHASING
      IF sy-subrc = 0.
        PERFORM POPULATE_BDC_TAB1  tables itab1 USING :
         ' ' 'MSICHTAUSW-KZSEL(09)' 'X',
         ' ' 'MSICHTAUSW-KZSEL(10)' 'X',
         ' ' 'MSICHTAUSW-KZSEL(11)' 'X'.
    *************SHAFI********
        flag_pur = 'X'.
      ENDIF.
        SEARCH pstat FOR 'D'. "MRP
      IF sy-subrc = 0.
        PERFORM POPULATE_BDC_TAB1  tables itab1 USING :
         ' ' 'MSICHTAUSW-KZSEL(12)' 'X',
         ' ' 'MSICHTAUSW-KZSEL(13)' 'X',
         ' ' 'MSICHTAUSW-KZSEL(14)' 'X',
         ' ' 'MSICHTAUSW-KZSEL(15)' 'X'.
      ENDIF.
    SEARCH pstat FOR 'P'. "FORECASTING
    IF sy-subrc = 0.
       PERFORM POPULATE_BDC_TAB1  tables itab1 USING :
        ' ' 'MSICHTAUSW-KZSEL(16)' 'X'.
    ENDIF.
      SEARCH pstat FOR 'A'. "WORK SCHEDULING
      IF sy-subrc = 0.
        PERFORM POPULATE_BDC_TAB1  tables itab1 USING :
         ' ' 'MSICHTAUSW-KZSEL(17)' 'X'.
      ENDIF.
      PERFORM POPULATE_BDC_TAB1  tables itab1 USING :
             '1' 'SAPLMGMM' '0070',
           ' ' 'BDC_OKCODE' '=ENTR'.
      SEARCH pstat FOR 'Z'. "GENERAL PLANT DATA/STORAGE LOCATION
      IF sy-subrc = 0.
        PERFORM POPULATE_BDC_TAB1  tables itab1 USING :
         ' ' 'MSICHTAUSW-KZSEL(01)' 'X',
         ' ' 'MSICHTAUSW-KZSEL(02)' 'X'.
      ENDIF.
    ****************shafi**********
      IF NOT v_drg IS INITIAL.
        PERFORM POPULATE_BDC_TAB1  tables itab1 USING :
        ' ' 'MSICHTAUSW-KZSEL(02)' 'X'.
      ENDIF.
      SEARCH pstat FOR 'S'. "WAREHOUSE MGMT
      IF sy-subrc = 0.
        PERFORM POPULATE_BDC_TAB1  tables itab1 USING :
         ' ' 'MSICHTAUSW-KZSEL(03)' 'X',
         ' ' 'MSICHTAUSW-KZSEL(04)' 'X'.
      ENDIF.
      SEARCH pstat FOR 'Q'. "QUALITY MGMT
      IF sy-subrc = 0.
        PERFORM POPULATE_BDC_TAB1  tables itab1 USING :
         ' ' 'MSICHTAUSW-KZSEL(05)' 'X'.
      ENDIF.
      SEARCH pstat FOR 'B'. "ACCOUNTING
      IF sy-subrc = 0.
        PERFORM POPULATE_BDC_TAB1  tables itab1 USING :
         ' ' 'MSICHTAUSW-KZSEL(06)' 'X',
         ' ' 'MSICHTAUSW-KZSEL(07)' 'X'.
      ENDIF.
      SEARCH pstat FOR 'G'. "COSTING
      IF sy-subrc = 0.
        PERFORM POPULATE_BDC_TAB1  tables itab1 USING :
         ' ' 'MSICHTAUSW-KZSEL(08)' 'X',
         ' ' 'MSICHTAUSW-KZSEL(09)' 'X'.
      ENDIF.
    make sure that u have the ok code 'P+' for view which are displayed after u press page down event.
    Hope it helps u..
    Regards,
    Anil N.

  • Use of Std Price in APO

    Hi All,
    Please let me know the use of standard price in APO that is updated from R3. Our scenario in APO include DP, CTM, deployment and TLB. We do not run SNP optimizer.
    As CTM does not recommend based on cost, can std price field be deleted without affecting anything in APO in the scenario mentioned.
    This is as per our client requirement, request for speedy response.
    Thanks,
    Umesh

    Hi Umesh,
    I am not clear on your requiment.
    As Gustavo said Standard price does not come to APO from R3. Even though in your environment standard price is transferred to APO using custome modifications you should have business reason/use behind that.
    Even if you are having standard price in custome field and If you are using standard CTM, Deployment (heuristic) and TLB then it will not impact any of the standard functionality.
    If you can give more details about your scenario, it will be more helpful.
    Regards,
    Harshil Desai

  • How to change std price

    Hi
    For a mat price control is maintained with V, & std price also maintained during creation.
    Now want to change the std price.
    In MR21 its not allowing me to change moving avg price,if price control is V.
    Is there any way? pls advise..

    Hi,
    Use Tcode MASS to change data.
    Go to MASS - select object type as  BUS1001001 (material) - Execute - here select the tab FIELD and select the line with field: price control again execute then enter. input the number from and to of the materials for which you are require to change the price control and execute.
    I hope this helps
    Regards,

  • Std-Price calculation with Quote arrangement

    Hello Experts,
    I set up a quote arrangement (MEQ1) for one Material. This quote arrangement including two production version 0001 and 0002 with proc.type E, as third line I added a vendor with proc. type F.
    How can I calculate the std. price based on the proc. type F line, line should be slected by the system automatically and not based on the prod. versions (E).
    Thanks in advance
    Jörg

    Hi Ajay,
      Thanks for your inputs.  In the std costing run system is showing components as below.
    Material cost       110$
    Material overheads  10$
    Labor cost  20$
    Labor Overheads 10$
    In this Material cost 110$ , materials overheads also included(100$+10$). Why system is calculating Material overheads twice please suggest what mistake i did.
      The material overhead percentage rate is 10%.
    As per my client requirement system should calculate components as shown below
    Material cost 100$
    Material overheads 10$
    Labor cost  20$
    Labor overheads 10$
    Please advise its very urgent, your inputs will be rewarded with points.
    Thanks&Regards,
    Spandana.

  • Want to Group by Std Prices

    HI Frds
    I have a requirement that i have to group similiar standard price.
    For Eg..
    month year            std price
    001 2008              26.022,37
    002 2008              26.613,32
    003 2008              26.613,32
    004 2008              26.613,32
    According to the example i need to group by std price..i.e
    I need output like this
    Group 1
    001 2008              26.022,37
    Group 2
    002 to 004 2008              26.613,32
    Same std prices should be in a group .
    Thanks
    Raja Guru

    see this example
    SELECT kunnr gjahr zuonr MAX( budat ) AS budat
           INTO CORRESPONDING FIELDS OF t_date
           FROM bsid
           WHERE bukrs  = rbukrs
           AND   gjahr IN rgjahr
           AND   kunnr IN rkonto
           AND   blart  IN ('DZ','MP') 
           AND   umskz = ' '  
           AND   shkzg  = 'H'
           AND   zuonr IN rzuonr
           GROUP BY kunnr gjahr zuonr

  • How to get Moving Average Price ( MAP ) & Standered Price in BW

    Hi all,
    I want to get the Moving Average Price ( MAP) & Standered price in BW Report.So that please suggest me
    1. which Cube I have to use &
    2.  which datasource having that Moving Average Price ( VERPR) Field.
    If having other Procedure to calculate Moving Average Price in BW .
    please give me these details.
    Thanks,
    kiran

    Hi Kiran,
    0IC_C03 Cube can be used to bring the fields you require.
    Please search forum post by Anil Kumar, link is not available  thats why i am copying the text here.
    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.
    And you need to upload the attribute data of 0MAT_PLANT as full upload every day.
    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.
    please see this links
    Re: 2lis_03_um and MBEW- STPRS
    Re: How to get Moving Average Prince and Standard Price in BW (inventory cube).
    Hope this Helps.
    Thanks
    CK

  • Std price of material updation in SAP system

    dear all
    I had created a material CLC Block in material master & had mention the Std price for the same. say 28 rs/unit
    Then i had change the std price for that particular material by T-code MR21.
    say 30 rs/unit.
    the system shows the updated new price for that material in Master, but when we make GRN for the same material by movememt type 501 q, the system takes the old pirce only. ie 28 rs/unit.
    the cost gets book w.r.t old price only.
    pls help me out in this mater in detail.
    thank in advance to all SAP experts
    regard
    parikshit

    hi
    udo
    thanks for your valuable input.
    I had test the procedure what you had explain.
    i had assign the price w.r.t WBS no & it works
    thanks once again
    regards
    parikshit

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