How to use CKU1 - Update Material Price

SAP Transaction Code - Details

• Transaction Code: CKU1

  Description: Update Material Price

  Release: S/4HANA and ECC 6

  Menu Path:

  • Logistics > Materials Management > Valuation > Balance Sheet Valuation > Determination of Lowest Value > Products

• • Program: SAPRCK23

    Screen: 1000

    Authorization Object:

  • Development Package: CKJ4

    Package Description: Price Update (Product Costing)

    Parent Package: APPL

  • Module/Component: CO-PC-PCP

    Description: Product Cost Planning

Smart SAP Assistant

• SAP Tcode: CKU1 - Update Material Price

  
  Overview:
  The SAP transaction code CKU1 is used to update the price of a material in the system. This transaction code is used to maintain the pricing of materials in the system, and it can be used to update the price of a single material or multiple materials at once. 
  
  Functionality: 
  The CKU1 transaction code allows users to update the price of a material in the system. This transaction code can be used to update the price of a single material or multiple materials at once. The user can also specify a date range for when the new price should take effect. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code CKU1 in the command field. 
  2. Select the material(s) that you want to update the price for. 
  3. Enter the new price for each material. 
  4. Specify a date range for when the new price should take effect. 
  5. Click “Save” to save your changes. 
  
  Other Recommendations: 
  It is important to note that this transaction code should only be used by users who have been given permission to do so by their organization’s security team. Additionally, it is recommended that users double-check their entries before saving their changes, as incorrect entries could lead to incorrect pricing in the system.