What is planned price release in SAP CO-PC - Product Cost Controlling?

SAP Term: planned price release

• Component: CO-PC

• Component Name: Product Cost Controlling

• Description: In material price determination, you can transfer a planned price for example, a price from a standard cost estimate into the material master record automatically as the standard price.

Smart SAP Assistant

• Key Concepts: 
  Planned price release is a feature of SAP's CO-PC Product Cost Controlling component. It allows users to plan and release prices for materials and services in the system. This feature helps to ensure that the prices of materials and services are up-to-date and accurate. 
  
  How to use it: 
  To use the planned price release feature, users must first create a price list in the system. This list should include all of the materials and services that need to be priced. Once the list is created, users can then enter the planned prices for each item. The system will then automatically release the prices when they become effective. 
  
  Tips & Tricks: 
  When creating a price list, it is important to make sure that all of the materials and services are included. This will help ensure that all of the prices are accurate and up-to-date. Additionally, it is important to keep an eye on the expiration date of each price so that it can be updated when necessary. 
  
  Related Information: 
  For more information about planned price release, please refer to SAP's official documentation on CO-PC Product Cost Controlling. Additionally, there are many online resources available that provide helpful tips and tricks for using this feature.