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Low market price using Material Ledger for FG

Former Member
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Hi dear Experts,

We are using Material ledger for valuating 1 FG material with out quantity structure and its goning well but in the opening of a new plant after the actual costing calculation with have to adjust the actual cost to the low market price if this is low than actual cost of the month, do you know which steps I have to follow to make this happen I read something about parallel valuations and determination of lowest cost but how I can Carryout this to inventory valuation?

Regards

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Answers (1)

Answers (1)

Former Member
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In Periodic Actual Costing run (transaction CKMLCP), you revaluate consumption after the single/multi level price determination step. The last step is to mark prices for future valuation. After this, you can use MRN0 (Determining the Lowest Value Based On Market Prices) to valuate inventory based lowest value principle.

Regards,

Ganesh

Former Member
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Edited by: Omar vazquez on Oct 19, 2010 10:49 PM

Former Member
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Hi Ganesh thanks,

the market priceI have to maintain on one of the prices available in the material master, this is necessary in addition to any configuration to use the mrn0?

and just a doubt this could re-valuate the inventory for the closing period? and the difference as I read its posted to the COGS account, on the next period or in the closing one?

thanks a lot

regards

Omar