Standard cost estimate period

[Former Member]

1. Can you please let me know in which period do we need to perform cost estimate and 1. Markℜlease functionality .
2. How many time can per perform cost estimate in a year. Is it yearly or can we even perform monthly or bymonthly or quarterly or half yearly
3. Is there there any GL posting if I per mark and release
   1. Performing mark & release 1st time for the material. i.e. in 1st year
   2. Performing mark & release 2nd time for the material. i.e. in 2nd year.

[Li_Sen]

Dear，

as for accounting journal entries, if the materials have no stock, no accounting documents get posted, if materials have stock, and the new prices are different than old prices, there would be a posting entries by materials Dr Inventory Cr Inventory revaluation account( account determination transaction key UMB)

for frequencies, it could go as often as monthly, but most companies do it less frequent, yearly, bi-yearly or quarterly