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Former Member

PIR and material master price

Dear all,

Say i have standard price maintained in material master as $2.00 per piece. This price is inclusive of freight cost or duty cost. Where as in PIR it is $1.20 only on material cost. the 80cents of freight and duty i built in PO condition by percentage.

1) May I know if it is ok to have PIR and standard price at different price because 1 want to calculate the freight and duty condition in PO by percentage?

2) when there is difference in amount during migo or miro against $2.00, then will go to price difference.

thanks

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1 Answer

  • Jun 15, 2011 at 11:42 AM

    The frieght & duty cost should not be part of standard price. Actually the situation should be reverse where the standard price only has material prices and the info-record should have the freight, duty etc.

    Only though this way you can maintain the sanctity of standard price.

    Coming to your second query, yes during transactions the difference between standard price and PO price will go into price differences account or other account as determined automatically through account determination set-up

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