The standard price can not be updated directly.
By submitting your email address, you agree to receive emails regarding relevant topic offers from TechTarget and its partners. You can withdraw your consent at any time. Contact TechTarget at 275 Grove Street, Newton, MA.
One way to update the standard price is to fill the fields Future Price (MBEW-ZKPRS) and the Effective Date (MBEW-ZKDAT) for the material on the accounting view.
Next, go to Logistics -> Materials Management -> Valuation -> Valuation
Price Determination -> Future Price -> Activate
(TCODE MR2B, program RMMR2100)
Lastly, run the BDC that was created to update the standard price.