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difference between standard price, moving price and net price in MM module?

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What is the difference between standard price(MBEW-STPRS), moving price(MBEW-VERPR) and net price(EINE-WAERS) in MM module? I'm trying to understand the functional aspect. Any examples to elaborate would be helpful.

AlexGourdet
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Product and Topic Expert
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Lakshmipathi
Active Contributor
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Have a look at this blog

BijayKumarBarik
Active Contributor
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Standard price and Moving average price generally one need to enter either one during material master creation(MM01) where Moving average price used for raw material & semi finished goods but Standard price mostly used for Finished goods. For more refer Price Control- S and V( Standard and MAP)

Net price is mostly calculated and can view in purchase order (ME23N) where Net price calculated as Gross price minus discount. If no discount element during creation of a purchase order (ME21N) then Gross price = Net Price( Net price + 0 as discount). For more refer Price elements in PO with NET and Effective Price concept