Hi,
We are currently using Moving Average Price for Traded materials (Material type ZHAW) with Price Control indicator "V". We have an internal requirement to change the basis of valuation to Standard Cost immediately. Thus we have to change the following immediately before the close of the current Financial year:
1) Change the Price control indicator from 'V' to 'S' in the material master of Traded materials.
2) Thereafter, release new Standard cost estimates for all such materials in the current year. This is required because the business wants to have a different standard cost from the existing Moving average price.
I would like to know what are the system restrictions / safeguards to be taken care of before doing the above activities, since we are doing this before the period-end & year -end.
Your early response will be appreciated.
Regards,
R.Rajaraman