What is Pricing procedure?

Answer Posted / michael pannu

The primary job of a pricing procedure is to define a group
of condition types in a particular sequence. The pricing
procedure also determines:

1.Which sub-totals appear during pricing.
2.To what extent pricing can be processed manually
3.Which method the system uses to calculate percentage
discounts and surcharges
4.Which requirements for a particular condition type must
be fulfilled before the system takes the condition into
account

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