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Former Member

price updating

Hi gurus,

when ever we run standard cost estimation in CK11N, and save it, means the standard cost estimation saved.

1)means the cost of the material was updated or not? Or it is necessary to run CK24,

2) if we must run CK24, then what is the advantage to save standard cost estimate.

can u explain

thanqu

raj

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2 Answers

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    Former Member
    Oct 03, 2008 at 07:08 AM

    Hi,

    When you run CK11, Price as per std cost estimate will be calculated and will be updated in Planned price 1.

    When you do CK24 only, ie Release std cost estimate, price will be updated in the material master.

    Hope, i have clarified.

    Best Regards,

    Santosh

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    • Former Member Former Member

      Hi thaks for ur replay

      as per our understanding,

      1) when we run standard cost estimate and save it, the cost will be appear in PLANNED COST UNDER CONSTIN 2 TAB.

      2) after marking and release done in ck24, then it will appear in std price under accounting 1 tab.

      is it correct?

      thanqu

      raj

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    Former Member
    Oct 05, 2008 at 10:15 AM

    Hello

    steps....in costing run

    first you will consider the materials for costing (CK11 for single material and CK40N for more)

    then explode BOM for listed material

    then system will calculate the material price,,,as per costing BOM and plan price of componets. after validation,, you can release them

    Releasing costing result means material price will update, not the planned price. Material price that is standard material price. the stadrd price for paralle valuation approch also possible,,,,legal. PCA valuation as per material ledger configuration.material document will be created, material value in FI will be updated as per new price released from costing run...that can increase the mat value in FI or otherwise also

    Regards

    Dinabandhu

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