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| 16 Fields in Pricing Procedure and Their Description
1. Step:
2. Counter:
3. Condition Type:
4. Description:
5.From and 6. To:1.This can be used as a base to the condition type for calculating further value. 2.The range between the steps from and to can be used to specify the range between same conditiontypes. So that depending upon the condition type, the system deducts or adds the total value of those condition types from specific common source. 7. Manual:
8. Mandatory:
9. Statistical:
10. Print:
11. Subtotal:
12. Requirement:
14. AltCty - Condition formula for alternative calculation type:
15. AltCBV - Alternative formula for condition base value:
16. AcyKy - Account Key/ Accrls - Accruals:
Courtesy:Ayub Khan Comments |
FAQs
What are the 16 steps in pricing procedure? ›
- Step: A number which determines the sequence of the conditions within a procedure. ...
- Counter: ...
- Condition Type: ...
- Description: ...
- From and 6. ...
- Manual: ...
- Mandatory: ...
- Statistical:
We can see that there are 16 columns in the pricing procedure, these are going to be used by the system to control the condition types.
What are the different fields of pricing procedure? ›- 1> Step: Number that determines the sequence of the conditions within a procedure. ...
- 2> Counter: ...
- 3> Condition Type: ...
- 4> Description: ...
- 5> From and To: ...
- 6> Manual: ...
- 7> Mandatory: ...
- 8> Statistical:
There are various pricing elements like prices, surcharges, discounts, and taxes, which are defined in SAP system as condition types. To manage pricing information for a pricing element in a system, you have to create condition records.
What is SAP pricing procedure? ›What is Pricing Procedure? Pricing procedure in MM module is a way to determine prices in purchasing documents. It give us functionality to assign different calculation types for different needs. Defining a pricing procedure can be done by creating an access sequence, and assigning it to condition types.
What are the 5 steps of the price procedure? ›The five-step process for treating a muscle or joint injury such as an ankle sprain is called "P.R.I.C.E." which is short for Protection, Rest, Ice, Compression, and Elevation).
What is SAP price list? ›In the Price List tile, you can manage the price lists to be used in SAP Customer Checkout, when using the SAP Customer Checkout manager as your back-end system. You can create and edit price lists, add articles to price lists, and assign a POS system and POS groups to price lists.
How many types of pricing methods are there? ›What are the 4 major pricing strategies? Value-based, competition-based, cost-plus, and dynamic pricing are all models that are used frequently, depending on the industry and business model in question.
What is requirement 2 in pricing procedure? ›In the pricing procedure, requirement 2 is assigned to all conditions. Using this requirement, the system cannot access price condition records for free line items. Again, some of the prices are defined as net prices. A subsequent discount or surcharge should be assigned to the item if a net price is found.
What is the pricing element D in SAP? ›'D' (Copy pricing elements unchanged):
As in pricing type A but the prices are fixed (no scales are read). Condition basis and condition basis value are redetermined.
What is the difference between account key and accrual key in SAP? ›
The account key enables the system to post amounts to certain types of revenue account. For example, the system can post freight charges (generated by the freight pricing condition) to the relevant freight revenue account. The accrual keys form part of account determination.
What is the condition type of PI01 in SAP? ›PI01 is condition type used for setting during Intercompany scenario ( one company code selling to another company code in same organization). PI01 is needed as this become basis or price at which one company would be selling to another. VPRS is for selling company code to determine COGS etc.
What are the pricing elements? ›- operating costs.
- scarcity or abundance of inventory.
- shipping costs.
- fluctuations in demand.
- your competitive advantage.
- perception of your price.
Pricing should be in line with the perceived 'value' of the benefits your product provides its customers, while also keeping in mind competitor pricing, market trends and customer demand. Three factors are essential in pricing – the cost, price and value of your product.
What are the five cost objects in SAP? ›The cost objects are segregated into five major categories; funds, cost/funds centers, WBS elements, internal orders, and GL accounts.
What are the steps in the price? ›- (i) Market Segmentation:
- (ii) Estimate Demand:
- (iii) The Market Share:
- (iv) The Marketing Mix:
- (v) Estimate of Costs:
- (vi) Pricing Policies:
- (vii) Pricing Strategies:
- (viii) The Price Structure:
Determine the total cost of all units purchased. Divide the total cost by the number of units purchased to get the cost price. Use the selling price formula to calculate the final price: Selling Price = Cost Price + Profit Margin.
What is the full cost pricing procedure? ›a pricing strategy in which all relevant variable costs and a full share of fixed costs directly attributable to the product are used in setting its selling price.
What are the steps to determine the product price? ›To calculate your product selling price by unit, follow these three steps: Calculate the total cost of all units purchased. Divide the total cost by the total number of units purchased - this will provide you with the cost price. Use the selling price formula to calculate the final selling price.