Subsequent adjustment of Transfer Price in PCA Valuation

[rushabhmehta04]

In chemical industry certain raw material price is controlled via government authorities. These prices are only published at the month end. Goods are transferred between Profit Centres using Transfer Price in Profit Center Valuation.

At the month end customer updates the transfer price based on new information received.

The requirement is to revaluate material movements between profit centres with a new determined transfer price at month end. At the moment no standard solution is available for this requirement.

Material Ledger with Actual costing is implemented and Raw Materials has price control 'S'.

Please do let us know if any custom solution can be implemented for such scenarios or already implemented by you. The guidance will be appreciated. 

Thanks.