After carrying out a cost estimate for a material without any errors, you can transfer the costing results to the material master as prices in SAP.
To set a new standard price in the material master, you must mark and release the standard cost estimate. You must first allow standard cost estimates to be marked and released in a company code.
When you mark a standard cost estimate for a material, the price calculated in the standard cost estimate is transferred into the material master record as the future standard price.
The smallest organizational unit for which individual financial statements are created according to the relevant legal requirements. A company can include one or more company codes. The definition of the company organizational unit is optional. A company’s financial statements also form the basis of consolidated financial statements. All of the company codes within a company …