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PRICE CHANGE

Former Member
0 Kudos

hi all

pls tell me how we can change the material prices after costing was complete after the end of the financial year. is there any procedure to do change the material prices. what are the effect in the financial documents, if the PO is raised in the last year after changing the price what is the impact on MIGO, MIRO in the current financial year

pls reply

thanks

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
0 Kudos

Hello Sandeep,

If "after costing was complete" means that costing runs were executed (CK40N) then MR21 will not change the standard. All materials now have released cost estimates.

The standard SAP procedure is to create a new cost estimate in the next period.

There is a possibility to delete the existing cost estimate and create a new cost estimate - this is not recommended by SAP.

If the PO price is raised during the year, then Purchas Price Variance results at time of GR. Analyzing the PPV account is one way to know what standards should be changed in the new year.

Althea

Answers (2)

Answers (2)

former_member197616
Active Contributor
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Hi,

you can change the material price through MR21.Here you can change to new price as the system suggests the old material price.

If you change the material price today, and i think there will be no effect to the documents created .

Former Member
0 Kudos

Dear Sandeep krishna,

You can change the price thru t-code MR21. If you change the price, definitely there will be financial implications.

Your message is not clear. If you can explain with one example it will be helpfull.

Regards,

Krishna A S V