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Manage Material Valuations SAP Fiori App
Welcome to this Blog post on “Mange Material Valuations” App. In this Blog post, I will provide the information regarding the various options related to material valuation in Manage Material Valuations App.
Introduction
This SAP Fiori app can be used to change material prices, mark prices for change, and release prices for material valuation. You can use this app to delete future price of material and to run analysis of material movements with material price history.
Key feature
- Changes in Inventory price
- Release Planned price
- Valuation analysis shows quantity, rate and Value by Ledger, Currency type and Period
- Material price history
- Material movement by each material transaction
- Upload material inventory prices
- Delete future price
- Display material standard cost estimate
- Material price analysis
- Changes in planned price by threshold
- Inventory price and value by ledger, currency type and period
Manage Material Valuations
Material Price Analysis
This app used to analyze the price consumed for a particular Material in a plant. User can do the analysis by each material movements and track material price history. User can also display standard cost estimate from material master option in app.
Steps
- Click on Material Price analysis from Manage material valuation app
- Click on View and select Price history from option
- Click on Prices to view price control, Standard price, PUP and Future price
Material Price Analysis
Change Inventory Prices (One Step)
This option helps you to change price of single material with immediate effect. It will change material costs for all price control and inventory is revaluated based on latest price. User can also use “Upload Material Inventory Prices” app to update multiple material prices at single steps.
Price must be updated for each ledger separately and user can change inventory prices per ledger.
Steps to change Inventory prices – One Step
- Go to Manage Material Valuation app
- Enter Plant and Material Code and click on Go button
- Select the Material code with plant and ledger combination
- Click on details icon
- Click on Change Inventory price
- Enter current date as posting date
- Enter new price in Company code currency now
- Select group currency row and click on convert price.
- Click on Simulate and Save button
- Price changed from immediate effect and inventory revaluated with new price
Change Inventory Prices (Two Step)
With this Process, First future price will be updated and then it will be released. System will update future planned price in current planned price on Release Planned Price Changes option from manage material valuation app.
Steps to change Future Price with Reference
- Go to Manage Material Valuation app
- Enter Plant and Material Code and click on Go button
- Select the material with company code currency 10
- Click on Change Future Prices with References dialog box
- Enter below details as per screenshot
We have selected source standard price effected from next month and factor 1.1 which means future planned price will be updated based on standard price and it will increase by 10% due to 1.1 factor.
i.e., Standard price 13.50USD and future planned price is 13.50*110%= 14.85
Release Planned Price Changes
This option allow user to release planned price as standard price and it will also post revaluation accounting entry based on price changes in specific stock.
Steps to Release planned price changes
- Go to Manage Material Valuation app
- Enter Plant and Material Code and click on Go button
- Select the material with valuation view
- Click on Release Planned price changes dialog box
- Enter below details as per screenshot and click on save button to release planned price.
Note From 2105 release, the price must be updated for each Ledger such as 0L and 2L OR 3L separately.
Delete Future Prices
This Option allow User to delete Future prices updated on material master. Users need to select line item and click on Delete Future Prices option in dialog box. It will delete future price from material master with selected valuation combination.
Hope this blog clarify various option in “Manage Material Valuations” SAP Fiori App.
You can find more information about apps from below links:
https://fioriappslibrary.hana.ondemand.com/sap/fix/externalViewer/#/detail/Apps(‘F2680’)/S26
https://rapid.sap.com/bp/#/scopeitems/1ZT
Thanks for reading this blog post. I would like to see your comments and would like to answer questions which u can post at Q&A tag area: https://answers.sap.com/tags/66233466-fcd6-45d2-a9ae-2cba38c72e19
Hi Raman, thanks for the details for the APP. Are there any special configurations needed to see the details in the app? When I execute I get no data, though I can do MR21, CKM3 for material in the SAP GUI.
Hi, I have the same error.
Follow 3140552 - F2680: Manage Material Valuations shows No data found but with no success. I have other systems that the app works but no chance in my project here. Only one company code and plant and ML active (mandatory) but no actual cost. Can you give me some light? Thanks!
Manage to fix my issue. Deactivate implementation in badi FML_SDM_PHASE_BADI and then it worked as now is returning SDM phase = "R" instead of "F".
Upload functionality is not working.
Hi Raman,
Thank you very much!
Do you know if there is an option to lock out manually changes to the group currency amount after a conversion from the amount in company code currency?
Unfortunately, I still have the option of manually changing the amount in group currency when I convert the company code currency to the group currency during inventory price changes.
As you may know in the Transaction MR21, I had the option of locking out manual changes after an automatic currency conversion.
(Table: CKMLMVADMIN; Entry: MR21_NO_MAN_PRCHG_LEGAL_VIEW )
Looking Forward to receive your reply!
Kindest Regards
Robin