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CK24 Release Price Update

The document provides instructions for releasing a standard cost estimate for a material in SAP. It describes how releasing a cost estimate transfers the marked price to the material master as the current standard price. It then provides the steps to release a cost estimate for a specific material, including selecting the material, company code and plant, executing the release, and logging the results. Releasing the estimate sets the future estimate to zero and makes it the active standard price.

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Elizabeth Reséndiz Quintana
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2K views8 pages

CK24 Release Price Update

The document provides instructions for releasing a standard cost estimate for a material in SAP. It describes how releasing a cost estimate transfers the marked price to the material master as the current standard price. It then provides the steps to release a cost estimate for a specific material, including selecting the material, company code and plant, executing the release, and logging the results. Releasing the estimate sets the future estimate to zero and makes it the active standard price.

Uploaded by

Elizabeth Reséndiz Quintana
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
You are on page 1/ 8

COST

CENTERCOST
ACCOUNTING
PRODUCT
CONTROLLING
END USER TRAINING DOCUMENTS

CK24 Functionality
After calculating the cost estimate for a material, you can transfer the costing results to the
material master as prices.
When you release a standard cost estimate for a material, the marked price is transferred
into the material master record as the current standard price for the current period. This
price is then active for all transactions in the MM module, such as good receipt, goods
issue. The materials with "S" price control are valued with the new standard price. The
current standard price becomes the previous standard price.
Once the cost estimate is released, you cannot create a new standard cost estimate in this
period. Even after deleting a released cost estimate, the materials are still valued with the
released standard price.
Scenario
The Cost estimate was marked in the material master. We want to release the cost
estimate. The future cost estimate will become zero and it will become the current cost
estimate.
Requirements
The cost estimate has the status VO: Marked without errors. Only the results of cost
estimates that have been marked without errors can be released.

1.

Menu Path

Accounting Controlling Product Cost Controlling


Product Cost Planning Material Costing CK24 - Price
Update CK24 - Price Update

Transaction Code

CK24

Double click on CK24 - Price Update.

SAPTOPJOBS

Page 1 of 8

COST
CENTERCOST
ACCOUNTING
PRODUCT
CONTROLLING
END USER TRAINING DOCUMENTS
Price Update: Mark Standard Price

2.

Click the Release

SAPTOPJOBS

button.

Page 2 of 8

COST
CENTERCOST
ACCOUNTING
PRODUCT
CONTROLLING
END USER TRAINING DOCUMENTS
Price Update: Release Standard Price

3.

Update the following fields:


Field Name

Description

Values

Company code

Code identifying the company


purchasing the material

1200

Plant

Code identifying the operational


unit of the company where the
material is manufactured and
stored

1200

Material

Code identifying a product or


component

64

SAPTOPJOBS

Page 3 of 8

COST
CENTERCOST
ACCOUNTING
PRODUCT
CONTROLLING
END USER TRAINING DOCUMENTS

Price Update: Release Standard Price

4.

5.

Click the Test run

Click the Execute

SAPTOPJOBS

checkbox to deselect.

button.

Page 4 of 8

COST
CENTERCOST
ACCOUNTING
PRODUCT
CONTROLLING
END USER TRAINING DOCUMENTS

Price Update: Release Standard Price

6.

Click the Log

SAPTOPJOBS

button.

Page 5 of 8

COST
CENTERCOST
ACCOUNTING
PRODUCT
CONTROLLING
END USER TRAINING DOCUMENTS

SAPTOPJOBS

Page 6 of 8

COST
CENTERCOST
ACCOUNTING
PRODUCT
CONTROLLING
END USER TRAINING DOCUMENTS
Price Update: Release Standard Price

7.

Click the Back

SAPTOPJOBS

button.

Page 7 of 8

COST
CENTERCOST
ACCOUNTING
PRODUCT
CONTROLLING
END USER TRAINING DOCUMENTS
Price Update: Release Standard Price

8.

Click Back

SAPTOPJOBS

Page 8 of 8

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