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The following are the steps to be followed to Mark and release a standard cost estimate:

The transaction code for Mark & Release of standard cost estimate is CK24.

On execution of transaction CK24 the following is the screen available before ou!

STEP :"nter the details of the #osting #eriod$ com#an code$ #lant and the materials for which the standard cost estimate is to bemarked and released!

Points and tips to be remembered:

%! hile running the standard cost estimate for an '( the cost estimate of its )'( attached in the *OM is automaticall run!hereas the Mark and release of standard cost estimate is to be done for each material i!e! each material is to be entered in the

screen! +nhow the can be entered collectivel!

2! The list of )'( materials under an '( can be listed down from C)%2 ,*OM ex#losion- transaction b entering the '( material$#lant and *OM a##lication as .*")T/! Co# the )'( materials from it and enter them in the CK24 screen!

0! 1f the marking is going to be carried out for the same month the .marking allowance/ tab is to be clicked!4! Remove .Test run indicator/ before executing the transaction!

ere for exam#le material %33303 is taken!

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STEP 2:On clicking the "5"C6T" ke the below mentioned screen is before ou showing the details of the materials marked! +fter

viewing click the .back/ ke!

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STEP !:+fter marking and coming back to initial screen click on .Release/ tab as follows to bring the release screen!

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STEP 4:The below mentioned screen is available before ou! Check the transaction descri#tion message .Price "pdate: #eleaseStandard price$.

7ow click on the execution ke!

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STEP %:The list of materials for which the standard cost estimate is released is shown on execution!

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STEP &:Check in Costing 2 view of material master for the released standard cost estimate for the current #eriod!

8oints to remember9

%! 7o released cost estimates are available until marked and released!2! hen the cost estimate is marked the standard cost is available as future cost estimate onl! Onl after release it is available as

current standard cost estimate!

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