Pricing in SAP CRM
Pricing in SAP CRM is one of the important component that enables the organization to manage the pricing process more effectively.
How the pricing is done in the SAP System
- SAP Pricing uses condition techniques to determine the prices
- For Online pricing, an external setting called internet Pricing and configuration (IPC) is configured to determine the pricing procedure.
- SAP Customer Relationship Management Uses IPC for pricing throughout the CRM application. So the IPC is used in all channels like mobile channels, web channels, and Internet sales in ERP.
- Basic pricing calculations and Product cost calculations are done by the IPC.
- It is related to middleware where the pricing condition objects can be downloaded from the ERP system. Conditions objects are provided by the SAP systems to download the latest pricing changes.
Pricing Procedure- It defines the condition types and calculation sequence in the transactions. it determines the calculation rule like what type of calculation to be done in pricing. Read more on how to define pricing procedure in SAP CRM.
Key Features of Pricing in SAP CRM
- SAP CRM uses the Pricing conditions to determine price of a product or service.
- Condition types are used to set the conditions for prices, discounts, taxes, freight costs, etc.
- Pricing determination is determined based on the predefined rules and pricing strategies.
- SAP CRM also allows the custom pricing model to meet the customer requirements.
- It also integrate with SAP ERP system to ensure the consistent pricing information is shared across the system.
Configuration settings for SAP Pricing
What is the condition technique
- Condition technique helps to determine the prices based on the data stored in the condition records.
- The system process the pricing procedure according to the sale document type and customer
- The SAP pricing procedure is done by a valid condition type in the sequence that processes the sales order.
- Every condition types have an access sequence that has been assigned, so access specifies a particular search from the records, if the access in not find any record, it moves to another access to find a valid record.
Read more for SAP CRM training materials that guide step by step with real-time scenarios.