A Material has “V” (Moving Average Price) as the Price Control method in the Accounting view in the Material Master but sometimes you can find the “S” (Standard Price) has a value,
Why?
The main reason is Accounting reference. Normally the standard price is updated annually using the last MAP for last year; so that, the Accountant can compare the new current MAP price with the last MAP price for last year recorded as the statistical Standard Price.
Why?
The main reason is Accounting reference. Normally the standard price is updated annually using the last MAP for last year; so that, the Accountant can compare the new current MAP price with the last MAP price for last year recorded as the statistical Standard Price.
