What is the Pricing Procedures

Question

Accepted Answer

Pricing Procedures in SAP MM are used to determine the price of materials or services during procurement or sales processes.

Pricing Procedures are a set of rules and conditions that determine how prices are calculated in SAP MM.
They are used to determine the final price of materials or services based on various factors such as quantity, discounts, taxes, and surcharges.
Pricing Procedures can be customized to meet specific business requirements.
They consist of condition types, access sequences, and calculation formulas.
Condition types define the different types of pricing elements such as base price, discounts, taxes, etc.
Access sequences determine the order in which condition records are accessed to determine the price.
Calculation formulas define how the prices are calculated based on the condition types and access sequences.
For example, a pricing procedure may include condition types for base price, quantity discounts, taxes, and freight charges. The access sequence determines the order in which these conditions are applied, and the calculation formulas define how the final price is calculated.
Pricing Procedures are essential in ensuring accurate and consistent pricing in procurement and sales processes.

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