Update the Price Change Made in MR21

Hi

This price change update is based on Costing variant set up. Valuation strategy & Valuation variant defined in your costing variant will pick the latest price. Based on priority given system will pick the price

MR21 is to update the price for the material

To do it manually you will need to enter them in through the document entry screens in each application.
GL- FB50 - Enter G/L Account Document,
AR- FB70 - Invoice , AP- FB60 - Invoice.
FA- AS01 - Asset. ( for credits use those tcodes in AP and AR instead).

For assets you will create the asset first then load data using FB50 or F-02 - General Posting.
The offset for each posting created will probably go to a conversion account which should zero out when the conversionis complete.

You can enter the inventory through a movement type transaction MB01. You could also load as an inventory update.

Accounting entry for MR22:

TCODE - MR22 Dr/Cr Material – material valuation (below given calculation) & MR21: Price Change (Difference amount posts to the material account and calculation is ((New price – Old price) * Quantity)

FI Document Type - PR: Price change – Below entry in case of price increase

Calculation:
Calculation - {Current Stock Value + (Amount given in MR22 / Quantity given in MR22 * Cr. Quantity)}

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