Thank your very much for understading my requirement !!
If i delete the current standard cost through CKR1..,are there any impact at costing wise and also i am getting imformation message like below and will it be update as per moving verage price in Materail after deleting standard cost? what about Dont cost check mark? we need to keep or need to remove?
Deleting current standard cost estimates can cause inconsistencies
Message no. CK669
Diagnosis• If you delete a current standard cost estimate, the fields for the cost estimate are set to zero in the material master record. If you use the material ledger, the standard prices in the material ledger master data are also deleted when you delete the current standard cost estimate. The material master record for the material thus does no longer contain a current standard price from a standard cost estimate.
• If you delete an active standard cost estimate, you can no longer determine scrap, work in process and variations for previous periods.
• In certain countries, it is a legal requirement to maintain records of standard pricing. Therefore, you should check whether you are obliged by law to keep records of your standard cost estimates. Please also contact the relevant accounting and inventory management departments.
Thank you!!
Regards
Sudharsana