Group currency & Comp Code Currency in Material Master issues

[former_member188005]

Dear All,

We have an issue with the price unit in Material master in Group currency. The material periodic  price was 25,764 per 1 KG in company code currency and erroneously while creating the material master the price unit in group currency was updated as 10000, this came to highlight after the month end when it generated a big variance after the closing. We did MR21 and corrected the Price unit in Group Currency in material master but now the variance is getting carried forward from month to month and how to nullify this variance which has got generated due to the error?

Thanks in advance for an early response.

Regards,

Shakeel.

[Former Member]

Hi Shakeel,

Use MR22 or CKMCCC.

Regards,

Szymon

[kamalkumar_biswas2]

Hi

When you have changed the price in MR21 there must be accounting entry generated...and difference is posted to revaluation price diff a/c..

so one entry is in already posted due to initial entry due to wrong posting and other is now posted in revaluation diff a/c...

nullify this two a/cs to make it correct

kamal