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Former Member

Standard Price Change in Material Master

Dear Sirs

At the time of implementation the standard price of material is uploaded wrongly due to which MAP shows wrong value of Material.

Is there any way to correct this.

As far as I know the difference between MAP and standard price should not be huge unless material price is increased sharply.

Please let me know the way to correct this.

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2 Answers

  • Best Answer
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    Former Member
    Oct 24, 2010 at 11:14 AM

    HI,

    Using MR21 transcation, you can change material price either at header level or batch level.

    Transcation code : MR21

    Enter Material and Plant

    Enter new price.

    If batch is create for your material, enter batch number also.

    But, it will create accounting documents for price change.

    Regards

    KRK

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    • Former Member Former Member

      Hi,

      There are two fields in the MR21 tarnscation

      1. New price

      2. New statistical price.

      for New price , Price at which a material is valuated:

      Materials with price control S are be valuated with the standard price.

      Materials with price control V are valuated with the moving price (moving average price/periodic unit price).

      for New statistical price, Statistical material price that has no infulence on the valuation:

      For materials with price control S this price is the moving price (moving average price/periodic unit price).

      For materials with price control V this pirce is the standard price.

      Regards

      KRK

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    Former Member
    Oct 24, 2010 at 10:05 AM

    Dear Vishal

    You can use transaction MR21 to change the price.

    warm regards

    Ramakrishna.

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