PO Price and Standard-moving Average Price in Material Master
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04/04/2016
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PO price and standard/moving average price
in material master
jc asked Apr 15, 2007 | Replies (1)
hi,
whats the different between the standard price/moving average price in material
master and the price (PB00) in PO? as the price between these two will be move to
price variance account. pls advice
Related
Discussions
Product CostingOverhead inclusion in Inventory
standard cost without PPV and Production order
How can I run costing run for raw material
Moving Average Vs Standard Pricing
Raw material purchase price variances in Production
Order settlement!
When GR for PO. GR cost use stand price ,not use the PO
price?
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Beginner's Guide to ERP
1 Reply
Moving average price vs FIFO or LIFO
Free of Charge Purchasing and Free of Charge Sales w/
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MICHAEL JONES replied Apr 15, 2007
The standard price/moving average price in material master is used to
valuation/determine the value of your inventory. The price on the
purchase order is the base price that you actually pay for the inventory.
The purchase order price should be pulled from the info record. These can
sometimes be out of sync. If the material is valued at a standard price,
the difference between the purchase order price and the standard price
will go to a price difference account. If the material is valued at a
moving average price, the difference between the purchase order price and
the moving average price will NOT go to a price difference account. The
moving average price will simply be adjusted.
We use a simple rule of any material purchased externally is valuated at a
Valuated Stock
GR Value is More than PO value
White Papers & Webcasts
The MidMarket Expense Management Program
A smarter approach to CRM: An IBM perspective
3 Essential Components for a Strong Enduser Security
Experience
3 Essential Components for a Strong Enduser Security
Experience
Blog Articles
JD Edwards Software: Using SharePoint to Publish
Pricing and Product Catalogs
Gartner Reveals Every Customer MDM Product is
Average or Worse Except for IBM InfoSphere Standard...
The Fallacy Of Price
moving average price. Anything produced internally and placed into
inventory is valuated at a standard price across all plants.
Hope this helps.
Michael Jones
This thread has been closed due to inactivity.
Start a new thread here
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PO price and standard/moving average price in material master Toolbox for IT Groups
Log In
Blogs
Topics
Discussions
Research
SAP Groups
SAP Logistics Material Management
Create an Account
Directory
ASK A NEW QUESTION
PO price and standard/moving average price
in material master
jc asked Apr 15, 2007 | Replies (1)
hi,
whats the different between the standard price/moving average price in material
master and the price (PB00) in PO? as the price between these two will be move to
price variance account. pls advice
Related
Discussions
Product CostingOverhead inclusion in Inventory
standard cost without PPV and Production order
How can I run costing run for raw material
Moving Average Vs Standard Pricing
Raw material purchase price variances in Production
Order settlement!
When GR for PO. GR cost use stand price ,not use the PO
price?
Join this group
Popular White Paper On This Topic
Beginner's Guide to ERP
1 Reply
Moving average price vs FIFO or LIFO
Free of Charge Purchasing and Free of Charge Sales w/
0
MICHAEL JONES replied Apr 15, 2007
The standard price/moving average price in material master is used to
valuation/determine the value of your inventory. The price on the
purchase order is the base price that you actually pay for the inventory.
The purchase order price should be pulled from the info record. These can
sometimes be out of sync. If the material is valued at a standard price,
the difference between the purchase order price and the standard price
will go to a price difference account. If the material is valued at a
moving average price, the difference between the purchase order price and
the moving average price will NOT go to a price difference account. The
moving average price will simply be adjusted.
We use a simple rule of any material purchased externally is valuated at a
Valuated Stock
GR Value is More than PO value
White Papers & Webcasts
The MidMarket Expense Management Program
A smarter approach to CRM: An IBM perspective
3 Essential Components for a Strong Enduser Security
Experience
3 Essential Components for a Strong Enduser Security
Experience
Blog Articles
JD Edwards Software: Using SharePoint to Publish
Pricing and Product Catalogs
Gartner Reveals Every Customer MDM Product is
Average or Worse Except for IBM InfoSphere Standard...
The Fallacy Of Price
moving average price. Anything produced internally and placed into
inventory is valuated at a standard price across all plants.
Hope this helps.
Michael Jones
This thread has been closed due to inactivity.
Start a new thread here
Toolbox for IT
My Home
Topics
People
Companies
Jobs
White Paper Library
Topics on Toolbox for IT
Toolbox.com
Data Center
Data Center
Enterprise Architecture & EAI
Enterprise Architecture & EAI
Development
C Languages
Java
Information Management
Business Intelligence
Database
Networking & Infrastructure
Hardware
Networking
Communications Technology
Operating Systems
About
News
Privacy
Terms of Use
Work at Toolbox.com
Advertise
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04/04/2016
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PO price and standard/moving average price in material master Toolbox for IT Groups
Visual Basic
Web Design & Development
Enterprise Applications
CRM
ERP
PeopleSoft
SAP
SCM
Siebel
Data Warehouse
Knowledge Management
Oracle
IT Management & Strategy
Emerging Technology & Trends
IT Management & Strategy
Project & Portfolio Management
Linux
UNIX
Windows
Security
Security
Storage
Storage
Cloud Computing
Cloud Computing
Contact us
Provide Feedback
Help Topics
Technical Support
PCMag Digital Group
Other Communities
Toolbox for HR
Toolbox for Finance
Copyright ©19982016 Ziff Davis, LLC (Toolbox.com). All rights reserved. All product names are trademarks of their
respective companies. Toolbox.com is not affiliated with or endorsed by any company listed at this site.
PCMag Digital Group AdChoices
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