What is Material Cost Estimate Release in SAP SRD-FIN-INV - FIN-Inventory?

SAP Term: Material Cost Estimate Release

• Component: SRD-FIN-INV

• Component Name: FIN-Inventory

• Description: A work center view that enables you to create material cost estimate release runs.

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• Key Concepts: 
  Material Cost Estimate Release is a component of the SAP SRD-FIN-INV FIN-Inventory Management module. It is used to release material cost estimates for production orders and process orders. The release process is used to ensure that the material cost estimates are accurate and up-to-date. 
  
  How to use it: 
  The Material Cost Estimate Release process is initiated by entering a production order or process order in the system. The system then calculates the estimated material costs for the order and displays them in the Material Cost Estimate Release screen. The user can then review the estimated costs and make any necessary adjustments before releasing the cost estimate. 
  
  Tips & Tricks: 
  It is important to review the estimated material costs before releasing them, as this will ensure that the costs are accurate and up-to-date. Additionally, it is important to keep track of any changes made to the cost estimates, as this will help ensure that all future cost estimates are based on accurate information. 
  
  Related Information: 
  For more information on Material Cost Estimate Release, please refer to SAP Help documentation or contact your local SAP support team.