term fixed price joint what is
Meaning of fixed-price joint product. What is it: price is determined as follows: The fixed price.

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Definition fixed-price joint product

FIXED-PRICE JOINT PRODUCT title: fixed-price joint product (FIN-BAC-INV) (SAP Library - Glossary)
FIXED-PRICE JOINT PRODUCT category: Inventory Accounting (FIN-BAC-INV)
FIXED-PRICE JOINT PRODUCT explained:

Material manufactured in a joint production process whose price is determined as follows:

The fixed price is the price multiplied by the output quantity. It is subtracted from the total cost of the production process using the subtraction method or the net realizable-value method. The remaining amount is distributed to the joint products based on a predefined distribution method. The price of the joint product calculated in this way is used in costing.

Materials are defined as fixed-price joint products in the material master.

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Manual Floor Stock:
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Manual Floating Average:
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Manual Framework ID:
Help Unique alphanumeric name of up to 15 characters that identifies a list of components fixed-price joint product abbreviation.
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