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.
General Ledger Master Data in SAP: Transaction Code & Menu Path
In general, system divides the G/L master records into the following area of management: Chart of accounts level Company code level You can maintain General Ledger Master Data centrally in SAP Using following menu path: Create GL Master Data Centrally IMG MENU PATH Accounting → Financial accounting → General ledger → Master records → …