Standard cost estimate of a material in MM02

[Former Member]

Hi All,

I MM02 Accounting1 view of a material we have a tab---Standard Cost Estimate.On clicking that it gives a pop up having FUTURE CURRENT PREVIOUS cost estimates.I want to know where can i maintain these values?

Thanks,

Rakesh.

[Former Member · Accepted solution]

Hi Rakesh,

Future Price will be updated automatically once you run standard cost estimate (CK11N) then save

Once you markup the standard cost estimate using CK24 it will update the Future Price in Material Master

Once you release the Cost Estimte using CK24 it will update the current price

Hope it is clear

Best Regards

Ashish Jain