hi, All, i am learning MM by myself. and as non commerce back ground very hard for me to under stand
i got a doubt in material valution. It says valution depends on price control and when we are using standard price S, the receipts are posted at standard price and any differneces between order price and standard price are posted to price difference account.etc.............fine
My doubt is
1. when the price is fixed as standard , how can u order a material at different price ?
2. once the vendor agrees with ur price then only he can supply know. so when u order a vendor at a price, how can he supply at different price in goods receipt?
3. How can vendor charge u diferent price in invoice?
i could not understand those scenarios, please any one can explain.. thanks in advance