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What is the difference between Standard price & moving average price in SAP?

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Question added by Subhash Carpenter , Senior Manager IT , Ajmal Steel Tubes and Pipes Industries Ltd.
Date Posted: 2016/09/21
farhan ali mohammed
by farhan ali mohammed , ERP SAP FICO CONSULTANT , KIPIC

Standard price: A constant price at which material is valuated without taking goods movement into a/c.

Moving price: A price that changes in cosequences of good movements. Moving Average price changes due to price fluctuations.

Mohammed  Mohammed
by Mohammed Mohammed , Senior SAP Consultant , Abyat Mega Store

Moving mans keeps changing based on activity in the article /material where as standard price is fixed irrespective of activity.

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