<?xml version="1.0" encoding="utf-8"?>
<Session ID="/baanerp/ti/cpr/ticpr2220m000" xml:lang="en">
   <Header>
      <Title>Actualize Standard Cost and Valuation Prices (ticpr2220m000)</Title>
   </Header>
   <HelpTopic>
      <AimSection>
         <Paragraph>Use this session to actualize the cost
		  prices and valuation prices for <Link href="/baanerp/ti/glossary/glossary#StandaItem_ti" role="glossary">standard items</Link> after you run
		  the <GUIRef href="/baanerp/ti/cpr/ticpr2210m000" role="session">Calculate Cost and Valuation Prices (ticpr2210m000)</GUIRef> session. You cannot actualize the
		  cost/valuation price for customized or <Link href="/baanerp/ti/glossary/glossary#000026" role="glossary">standard to order items</Link>.</Paragraph>
      </AimSection>
      <RelatedTopics>
         <SectionTitle>Related topics</SectionTitle>
         <RelTopic>
            <Link href="/baanerp/ti/onlinemanual/000184" role="manual">Calculation of cost/valuation prices for standard/customized/STO items</Link>
         </RelTopic>
         <RelTopic>
            <Link href="/baanerp/ti/onlinemanual/000030" role="manual">Price calculation code</Link>
         </RelTopic>
         <RelTopic>
            <Link href="/baanerp/ti/onlinemanual/000023" role="manual">Standard cost price</Link>
         </RelTopic>
         <RelTopic>
            <Link href="/baanerp/ti/onlinemanual/000024" role="manual">Valuation prices</Link>
         </RelTopic>
         <RelTopic>
            <Link href="/baanerp/ti/onlinemanual/000415" role="manual">Lower cost or market value</Link>
         </RelTopic>
         <RelTopic>
            <Link href="/baanerp/ti/onlinemanual/000089" role="manual">Cost price and valuation price</Link>
         </RelTopic>
      </RelatedTopics>
   </HelpTopic>
   <Fields>
      <FieldHelp ID="citg.f">
         <Header>
            <Title>Item Group</Title>
         </Header>
         <FuncDesc>Group of items with similar characteristics. Each item belongs
		to a particular item group. The item group is used in combination with the item
		type to set up item defaults.</FuncDesc>
      </FieldHelp>
      <FieldHelp ID="item.f" OtherIDs="item.t">
         <Header>
            <Title>Item</Title>
         </Header>
         <FuncDesc>In LN,
		the raw materials, subassemblies, finished products, and tools that can be
		purchased, stored, manufactured, sold, and so on.</FuncDesc>
         <SimpleSection>
            <Paragraph>An item can also represent a set of items handled as one
		  (kit), or exist in multiple product variants.</Paragraph>
            <List>
               <ListIntro>You can also define nonphysical items, which are not held
			 in inventory but can be used to post costs or to invoice services to customers.
			 Examples of nonphysical items:</ListIntro>
               <ListItem>Cost items (for example, electricity)</ListItem>
               <ListItem>Service items</ListItem>
               <ListItem>Subcontracting services</ListItem>
               <ListItem>List items (menus/options)</ListItem>
            </List>
         </SimpleSection>
      </FieldHelp>
      <FieldHelp ID="only.new.items">
         <Header>
            <Title>Only Items without A Standard Cost Price</Title>
         </Header>
         <FuncDesc>If this check box is selected, cost prices and
		  valuation prices are actualized for those items for which a standard cost price
		  is not already actualized.</FuncDesc>
      </FieldHelp>
      <FieldHelp ID="remove.history">
         <Header>
            <Title>Delete Cost Price History Data</Title>
         </Header>
         <FuncDesc>If this check box is selected, cost price history data
		  is removed when the cost price data is actualized. Which cost price history
		  data is removed depends on the value of the <GUIRef href="/baanerp/ti/cpr/ticpr0100m000#ticpr000.nych" role="manual">Number of Years to Retain Standard Cost Price History</GUIRef> field in the <GUIRef href="/baanerp/ti/cpr/ticpr0100m000" role="session">Cost Price Calculation Parameters (ticpr0100m000)</GUIRef> session.</FuncDesc>
         <SimpleSection>
            <Paragraph>For more
			 information, refer to <Link href="/baanerp/ti/cpr/ticpr2230m000" role="session">Remove Cost Price History Data (ticpr2230m000)</Link>.</Paragraph>
         </SimpleSection>
         <SimpleSection>
            <SectionTitle>Performance aspects</SectionTitle>
            <Paragraph>The setting of this field could affect system performance and database growth. For more information, refer to <Link href="/baanerp/performance/ti/P000024_rem_cost_hist_data" role="manual">Remove item standard costing data</Link>.</Paragraph>
         </SimpleSection>
      </FieldHelp>
      <FieldHelp ID="use.date">
         <Header>
            <Title>Effective Date</Title>
         </Header>
         <FuncDesc>You can specify the effective date of the valuation price
		  and/or costprice, which can be the current date or a date in the
		  past:</FuncDesc>
         <SimpleSection>
            <Paragraph>
               <Link href="/baanerp/tc/domains/rvdt" role="domain">Possible values</Link>
            </Paragraph>
         </SimpleSection>
      </FieldHelp>
      <FieldHelp ID="effective.date">
         <Header>
            <Title>Specific Date</Title>
         </Header>
         <FuncDesc>If you click <GUIRef href="/baanerp/tc/domains/rvdt#specific.date" role="option">Specific Date</GUIRef>, you can enter a date in the past in this field.</FuncDesc>
      </FieldHelp>
      <FieldHelp ID="reverse.to.orig">
         <Header>
            <Title>Reverse to Original Inventory Value at Start of Current Period</Title>
         </Header>
         <FuncDesc>Using <Link href="/baanerp/wh/glossary/glossary#000436" role="glossary">lower cost or market value (LCMV)</Link> to value inventory can
		  result in an inventory value that differs from the inventory value that is
		  calculated based on the original purchase prices. If the effective date is the
		  last day of the previous financial period (the <GUIRef href="/baanerp/tc/domains/rvdt#last.prev.peri" role="option">Last Date of Previous Period</GUIRef> option is selected), you can use this check box to
		  determine whether the inventory value is based on LCMV or the original purchase
		  prices at the start of the current financial period:</FuncDesc>
         <SimpleSection>
            <Paragraph>If this check box is selected, LN uses the original
			 inventory value when starting the current financial period.</Paragraph>
            <Paragraph>If this check box is cleared, LN uses the inventory
			 value based on LCMV when starting the current financial period.</Paragraph>
         </SimpleSection>
         <Note>
            <SectionTitle>Note</SectionTitle>
            <List>
               <ListItem>You must calculate an inventory value based on LCMV in the <GUIRef href="/baanerp/ti/cpr/ticpr2210m000" role="session">Calculate Cost and Valuation Prices (ticpr2210m000)</GUIRef>. The <GUIRef href="/baanerp/ti/cpr/ticpr2210m000#price.lcmv.based" role="manual">Prices Based on Lower Cost or Market Value</GUIRef> check box
				must be selected.</ListItem>
               <ListItem>You can only select or clear this check box if the <GUIRef href="/baanerp/tc/domains/rvdt#last.prev.peri" role="option">Last Date of Previous Period</GUIRef> option is selected.</ListItem>
            </List>
         </Note>
         <RelatedTopics>
            <SectionTitle>Related topics</SectionTitle>
            <RelTopic>
               <Link href="/baanerp/ti/onlinemanual/000415" role="manual">Lower cost or market value</Link>
            </RelTopic>
         </RelatedTopics>
      </FieldHelp>
   </Fields>
</Session>