STEP 1

Start the transaction using the menu path or transaction code

Create Material Cost Estimate with Quantity Structure: Initial screen

 

 

STEP 2

  1. Enter the material code to be costed
  2. Enter the plant code
  3. Enter the costing variant :
    1. Z25 in Latin America (WP1)
    2. ZEP in Korea (WP1)
    3. ZFO in other countries (WP1)
    4. ZPC1 in all countries PF1

 and go to the tab "Dates"

 

 

 

STEP 3

  1. Enter the "Costing Date From" (usually the date of the day, but it can also be for the 1st of following month)
  2. Enter the "Qty Structure Date" (= Costing Date From)
  3. Enter the "Valuation Date" (= Costing Date From)

 

 

STEP 4

Press Enter to see the price calculated.


Check the log is there are error or warning messages by clicking 

 

 

 

STEP 5

When there are error or warning messages, you must clear them before saving





STEP 6

If all messages are cleared, save the costing  and 

A message confirms that the cost estimate is being saved



STEP 7

If there are no errors, continue with the Marking and Release of the cost.


STEP 1

Start the transaction using the menu path or transaction code 

 

 

Price Update: Mark Standard Price : initial screen

 

 

STEP 2

  1. Enter the period
  2. Enter the company code
  3. Enter the plant code
  4. Enter the material code to be costed
  5. Untick "Test Run"

 

 

 

STEP 3

Make sure that the cost estimate was updated successfully 

If there is a message: the error must be solved before going to the next step


Usually the error is related with the periods closed and it's just necessary to go back and open them:

 

 

STEP 4

Go back  

The detail of the calculation is displayed

Go back again 

 

 

STEP 5

Click on 

 

 

STEP 6

A message informs that the cost estimate was updated successfully

Go back  to leave the transaction


STEP 7

Note

The release can only be done if the material has no movements for the respective month. Meaning if you try to release the price and you have an error, you should check if the material has movements.


Go to MB51, execute and see if you have items. If so, the price can be released only for the following month (you should repeat everything with date of September):


STEP 8

When the release is correctly done without any error, you can already see the new price in the master data of the material (MM03, tab Costing 2):