Std price not updating

Hi,
When I am doing cost/mark/relaese for a material. The planned price in the mat master is being updated. But, the std price remains the same. Please help.
Regards,
Umesh

Hi Umesh...,
Check where Posting period/fiscal year for your company code. if posting period/fiscal year is not same as the costing run then you can't update the std price.
To check it go to T.cod CK24 give the period and fiscal year the Click Mark allowance then you will directed to "Price update:organisational measure screen"
check whethere any error is there against your company code if so then click on your company code and then select corresponding costing variant and costing verions in the popup scren and same.
error mark will go. now you can update price for material.
regards.

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Hi,
Please refer SAP note:
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HI Ian,
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Std price not updating

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