what is pricing? how will it affects the billing procedure?
Answers were Sorted based on User's Feedback
Answer / kam
Pricing is the price of an item that is defined in the
doncition records which will be determined using a procong
procedure while creating a sales document. It is only this
price which cam be carried over to a billing document and
further to post the revenue accounts.
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Answer / sdsap_ravi
Pricing has the basic price of the item. It also has the
Discounts, Taxes, Rebates, & also the Cost of the item.
If we more than 1 item in the sales order, there are 2 ways
in which pricing can be configured so that the pricing
structure in the sales document can be varied.
a. We can make the pricing calculations appear as a part of
the header & not the item
b. We can make the pricing as a part of the item.
Billing will vary depending on the varying pricing
definitions for each item.
Ravi
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Answer / syed
Pricing is composition of cost of material, process and
handling of material and profit determination on material.
Price determination depend upon market
situation,quantity/volume/amount and terms and condition
between buyer and seller. Billing is to be executed
according the above.
| Is This Answer Correct ? | 0 Yes | 2 No |
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