|Material Master Price Change
How to track the price changes in material master record if it changes through MR21 ?
Use the Following Trxn Codes for Material Price Change Documents
- MLHD - Material Ledger Document: Header
- MLIT - Material Ledger Document: Items
How to calculate MAP?
MAP is automatically calculated based on the Total Stock and Total value of the material at a particular point of time.
The MAP details are available in MBEW table
MAP keeps changing based on either Goods Receipt or Invoice Verification, when there is a change in the price.
Calculation of MAP:
IN MMR (Stock)
Price - 50
Qty - 2
Price - 51
Qty - 4
After GR for 4 qty price updation in MMR will happen
(MMR (price*qty) value + MIGO (price*qty) total value)/total qty
In our example:
(50*2+51*4)/6 = 50.65
Price will be updated to 50.65.
MMR price - 50.65 qty - 6
MIRO price - 52 qty - 4
Do the same calculation to get updated MAP.
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